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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 ...
Image source: Getty Images. Tapestry. The government's blocking of the deal with Capri could be the best thing for Tapestry. The company will have to pay Capri up to $50 million if the deal is ...
Versace accounted for a fifth of Capri's revenue in the fiscal year through March 30, 2024, or $1 billion out of a total of $5.2 billion for the group, which compared with $5.6 billion the year ...
Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry, owner of Coach New York and Kate Spade, offered to buy Capri for $8.5 billion in 2023, [7] [8] but called off the acquisition after it was blocked by a federal judge the following year. [9]
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What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is off.
In all areas of Queensland, trading hours of major supermarkets are Monday to Saturday from 7 am to 9 pm and Sundays and public holidays from 9 am to 6 pm. [4] Most major shopping centres close at 5 pm every day, except for "late night shopping" on one night a week. Supermarkets in major shopping centres must still cease trading at 9 pm, with ...
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 ...