SAN DIEGO, Dec. 26, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Capri Holdings Limited (NYSE: CPRI) stock or sellers of Capri puts between August 10, 2023 and October 24, 2024, both dates inclusive (the "Class Period"), have until February 21, 2025 to seek appointment as lead plaintiff of the Capri class action lawsuit. Captioned Hurwitz v. Capri Holdings Limited, (D. Del.), the Capri class action lawsuit charges Capri, Tapestry, Inc., and certain of th ...

SAN DIEGO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Capri Holdings Limited (NYSE: CPRI) stock or sellers of Capri puts between August 10, 2023 and October 24, 2024, inclusive (the “Class Period”), have until February 21, 2025 to seek appointment as lead plaintiff of the Capri class action lawsuit. Captioned Hurwitz v. Capri Holdings Limited, (D. Del.), the Capri class action lawsuit charges Capri, Tapestry, Inc., and certain of their top executive offic ...

Capri (NYSE: CPRI ) is a risky value stock that needs to error-correct on multiple fronts and drive growth via e-commerce and reinforcing its brands. Should management’s approach succeed, investors will find themselves on the cusp ofEquity research with an emphasis on intrinsic value. We prioritize undervalued and growing companies, preferably in the early stages of their development. We have an internal wishlist - message us a ticker or write it in comment sections.Analyst’s Disclosure: I/we have no stock, ...

Capri Holdings Limited (NYSE:CPRI) Strategic Update Conference Call November 14, 2024 11:00 AM ET Company Participants Jennifer Davis - VP, IR John Idol - Chairman and CEO Tom Edwards - CFO and COO Conference Call Participants Matthew Boss - JPMorgan Brooke Roach - Goldman Sachs Jay Sole - UBS Bob Drbul - Guggenheim Oliver Chen - TD Cowen Rick Patel - Raymond James Mark Altschwager - Robert W. Baird Operator Greetings, and welcome to the Capri Holdings Limited Strategy Update Call. At this time, all partici ...

图 VERSACE MICHAEI November 2024 Strategy Update Presentation November 14, 2024 STRATEGY UPDATE • COMMUNICATION STRATEGY | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | o Engage and inspire both new and existing consumers | | | | | | PRODUCT STRATEGY | | | | | | o Create exciting fashion that resonates with our consumers OMNI-CHANNEL STRATEGY | | | | | | | | | | | | o Leverage digit ...

The luxury fashion brand merger between Capri and Tapestry is officially off, as the two companies announced Thursday that they will abandon the merger because they were unlikely to gain regulatory approval. The proposed $8.5 billion merger was first announced in August 2023 but has faced scrutiny from the Federal Trade Commission (FTC), which sued to block the deal earlier this year over concerns it would undermine competition in the luxury handbag and accessories space. In late October, a federal judge bl ...

Capri and Tapestry called off their merger on Thursday after the megadeal was blocked by the Federal Trade Commission. The two U.S.-based luxury houses "mutually agreed" that ending the merger agreement was in their best interests as they were unlikely to get regulatory approval before the deal was set to expire in February. "With the termination of the merger agreement, we are now focusing on the future of Capri and our three iconic luxury houses," Capri CEO Johh Idol said in a statement. "Looking ahead, I ...

Have you assessed how the international operations of Capri Holdings (CPRI) performed in the quarter ended September 2024? For this luxury retailer, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must und ...

Shares of the Michael Kors parent dropped on a disappointing earnings report.In its first earnings report since its merger with Coach parent Tapestry was blocked, Capri Holdings (CPRI -7.53%) had more disappointing news for investors after it missed estimates in its fiscal second-quarter earnings report.As of 2:39 p.m. ET, the stock was down 10.4% on the news. Capri comes up shortThe parent company of Michael Kors, Jimmy Choo, and Versace said that revenue in the quarter fell 16.4% to $1.08 billion, which m ...

Key TakeawaysVersace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' expectations.CEO John Idol pinned declining revenue on “softening demand globally for fashion luxury goods.” The company's stock has lost about half its value since the FTC blocked a planned merger with rival Tapestry last month. Capri Holdings (CPRI) saw its shares tumble Friday after reporting fiscal second-quarter results after yesterday's closing bell that fell short of Wall Street's expec ...