Shares in Capri Holdings (CPRI), which last month struck a deal to sell its Versace luxury brand, are dropping in premarket trading Wednesday after the fashion conglomerate posted a larger-than-expect
Capri Holdings (CPRI) came out with a quarterly loss of $4.90 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.42 per share a year ago.
The luxury retailer downgraded its revenue forecast for fiscal 2026, warning that tariff-related uncertainty and currency headwinds were likely to weigh on demand.
Michael Kors-owner Capri Holdings cut its revenue forecast for 2026 on Wednesday signaling that tariff-related uncertainty was weighing on an already fragile demand for its leather handbags and access
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the fourth quarter and full year fiscal 2025 ended March 29, 2025.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Capri Holdings (CPRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for
Oliver Chen, TD Cowen senior equity research analyst, joins 'The Exchange' to discuss what Kering's earnings are saying about the broader luxury retail space.
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.
CPRI's sale of Versace marks a strategic shift toward core brand growth and enhanced financial strength.

Prada Agrees To Buy Versace in $1.38 Billion Deal

02:40pm, Thursday, 10'th Apr 2025
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.
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 sal
The merger strengthens Italy's hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner LVMH.

Prada Buys Versace From Capri for Nearly $1.4B

10:31am, Thursday, 10'th Apr 2025
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 collaps
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
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 Nort
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