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CPRI Stock News Image - benzinga.com

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Capri Holdings Ltd CPRI and lowered the price forecast from $23.00 to $17.

benzinga.com 2025 Apr 11
CPRI Stock News Image - zacks.com

CPRI's sale of Versace marks a strategic shift toward core brand growth and enhanced financial strength.

zacks.com 2025 Apr 11
CPRI Stock News Image - youtube.com

Prada has agreed to buy Versace for $1.38 billion, in a cash deal aimed at strengthening its position as Italy's largest luxury brand. Tommaso Ebhardt has the latest from Milan.

youtube.com 2025 Apr 10
CPRI Stock News Image - reuters.com

Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its $1.4 billion sale of Versace to Prada.

reuters.com 2025 Apr 10
CPRI Stock News Image - nypost.com

The merger strengthens Italy's hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner LVMH.

nypost.com 2025 Apr 10
CPRI Stock News Image - investopedia.com

Fashion conglomerate Capri Holdings (CPRI) has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion, a deal that had been anticipated but reportedly had been at risk of collapsing because of market turmoil in the wake of President Donald Trump's tariffs.

investopedia.com 2025 Apr 10
CPRI Stock News Image - businesswire.com

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, today announced that it has entered into a definitive agreement to sell Versace to Prada S.p.A. (HKSE: 1913) for $1.375 billion in cash subject to certain adjustments. The transaction is expected to close in the second half of calendar 2025, subject to customary closing conditions including regulatory approvals. John D. Idol, the Company's Chairman and Chief Executive Officer, said, “Versace is an iconi.

businesswire.com 2025 Apr 10
CPRI Stock News Image - seekingalpha.com

Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, has seen its stock price in the dumps. Revenue declines, and poor profitability for Versace and Jimmy Choo, suggest that Capri's North American management have been unable to successfully fold these international brands into the main Kors business. CPRI stock recently tumbled as much as -40% on U.S. import tariff fears, and indeed the Michael Kors segment is highly exposed to tariffs.

seekingalpha.com 2025 Apr 10
CPRI Stock News Image - wsj.com

Prada's talks to acquire Versace from fashion conglomerate Capri Holdings CPRI 4.09%increase; green up pointing triangle are at risk of collapsing at the eleventh hour with financial markets in historic turmoil, according to people familiar with the matter.

wsj.com 2025 Apr 09
CPRI Stock News Image - wsj.com

Macy's hired Thomas Edwards to be its next CFO and COO, roles he has held at Versace owner Capri Holdings for eight years.

wsj.com 2025 Apr 01
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