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Capri Holdings trades at a discount after shedding Versace, though China tariffs and weak leadership cloud the outlook. See why CPRI stock is a buy.
Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...
Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its other brands.
On Thursday, Prada (PRDSY) formally agreed to buy Versace from US luxury conglomerate Capri Holdings (CPRI) for $1.38 billion, uniting the two Italian fashion brands under one roof. The transaction, ...
Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel and accessories and men's apparel. It operates through the ...
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Zacks Investment Research on MSNCapri Holdings Streamlines its Operations, Sells Versace to PradaCapri Holdings Limited CPRI has entered into a definitive agreement to sell its Italian luxury fashion house Versace to Prada S.p.A. for $1.375 billion in an all-cash transaction. This significant ...
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $17 from $23 and keeps a Market Perform rating on ...
Capri Holdings has recently made waves in the luxury fashion industry by selling Versace back to its Italian roots in a $1.38 ...
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Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
Shares of Capri Holdings rose Wednesday after The Wall Street Journal reported that talks to sell its Versace brand to Prada are at risk of collapsing amid a market in turmoil. The stock was up 5.5% ...
The deal was reportedly stuck in limbo and on the verge of collapse due to the market spontaneity caused by President Donald Trump’s tariffs.
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