Bear of the Day: Capri Holdings (CPRI)

The apparel business is one that is wrought with difficulties. Not only are the companies required to constantly adjust to the fickle consumers’ clothing preferences, but they are also have to efficiently manage the inventories of these shifting options.Capri Holdings (CPRI) , formerly known as Michael Kors Holdings Limited, is a multinational fashion luxury group known for its portfolio of apparel brands, which include Michael Kors, Versace, and Jimmy Choo.Capri Holdings has not been a very good stock to o ...