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Image source: Getty Images. Capri comes up short. The parent company of Michael Kors, Jimmy Choo, and Versace said that revenue in the quarter fell 16.4% to $1.08 billion, which missed estimates ...
In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings (NYSE: CPRI) and Tapestry (NYSE: TPR ...
Capri Holdings (), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by Coach ...
Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands, [3] with executive offices in London [3] and operational offices in New York. It was founded in 1981 by American designer Michael Kors. [4]
Meanwhile, Capri Holdings, the fashion luxury group consisting of brands Versace, Jimmy Choo and Michael Kors, also announced its strategies to return to growth, which its management will discuss ...
The FTC is attempting to block Tapestry’s acquisition of Capri, which would create a bag behemoth. Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 ...
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. ... In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check out the ...
Capri Holdings (CPRI) closed at $63.26 in the latest trading session, marking a +0.3% move from the prior day.