ROSEN, LEADING TRIAL ATTORNEYS, Encourages Capri Holdings Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – CPRI

Core Viewpoint - A class action lawsuit has been filed against Capri Holdings Limited for alleged misleading statements and failure to disclose critical information regarding the accessible luxury handbag market during the specified Class Period from August 10, 2023, to October 24, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Capri Holdings and Tapestry, Inc. did not disclose that the accessible luxury handbag market is a distinct market, and they maintained separate production facilities and supply chains for their products [5]. - It is alleged that Capri and Tapestry viewed each other as direct competitors, while not considering their brands in direct competition with luxury or mass market handbags [5]. - The lawsuit also states that Tapestry's failed acquisition attempt of Capri was aimed at consolidating brands within the accessible luxury handbag market to reduce competition and increase prices, which heightened the risk of regulatory actions [5]. Group 2: Investor Information - Investors who purchased Capri Holdings securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6].