NYSE - Nasdaq Real Time Price • USD Capri Holdings Limited (CPRI) Follow Compare 23.78 +0.81 +(3.53%) At close: January 16 at 4:00:02 PM EST 23.81 +0.03 +(0.13%) After hours: 7:52:10 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Capri Holdings Limited Announces Reporting Date For Third Quarter Fiscal 2025 Financial Results LONDON, January 15, 2025--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2025 financial results on Wednesday, February 5, 2025, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Capri exploring sale of Versace and Jimmy Choo Prada is working with Citi to evaluate the viability of a bid for Versace. Here’s Why Capri Holdings Ltd. (CPRI) Led This Week’s Rally We recently published an article titled These 10 Firms Led This Week’s Rally. In this article, we are going to take a look at where Capri Holdings Ltd. (NYSE:CPRI) stands against the other stocks. Ten companies finished stronger this week, outpacing the broader market thanks to a series of catalysts that lifted investor sentiment. On Friday, […] Analysts Skeptical of Latest Prada, Versace M&A Speculation The likelihood and potential success of Prada Group acquiring Versace was waved away, citing concerns over strategic fit and past M&A challenges. Wells Fargo sees recovery in specialty retail, upgrades Bath & Body Works Investing.com -- Wells Fargo forecast a stable consumer backdrop in 2025, supported by healthy U.S. demand, a strong holiday season, and stabilizing European trends, according to its retail sector outlook. Prada has been working with Citi on possible bid for Versace, source says LONDON/MILAN (Reuters) -Italy's Prada is among the potential suitors looking at fashion group Versace, which has been put up for sale by its parent Capri Holdings, and has been working with Citi to evaluate any bid, a person with knowledge of the matter said on Friday. U.S.-listed Capri is struggling with falling sales in a global $400 billion luxury sector where confidence has been eroded by wealthy Chinese cutting their spending and the end of a prolonged boom. In November, Coach-owner Tapestry abandoned an $8.5 billion deal to buy Capri, which also owns brands Michael Kors and Jimmy Choo. Luxury retailers could see benefit from Trump 2.0 tariffs Luxury retail stocks are improving, though the proposed tariffs under President-elect Trump’s administration could continue to put these retailers under pressure. Jerry Storch, Storch Advisors CEO, joins Madison Mills and Seana Smith on Catalysts to discuss what could be ahead for the luxury retail sector under Trump 2.0. Despite widespread concerns, Storch predicts that Trump's tariffs won't have a severe impact on luxury retail. Storch explains that many goods from the luxury retail sector can be characterized as "Veblen goods," wherein demand increases as price increases. He elaborates, "It might even be positive for some retailers in particular ... [these luxury providers] have been very successful in passing along price increases for quite some time." However, Storch agrees that uncertainty is high and warns investors not to "jump to any conclusions." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch Capri Shares Jump 7.9% as BMO Analyst Simeon Siegel Points to Silver Lining The analyst upgraded shares of the Michael Kors parent to outperform and said investors have been too harsh in their judgement. What Are Donatella Versace’s Plans for 2025? As the Versace company is said to be up for sale, Milan-based sources say Donatella Versace's contract is due to expire in February. Luxury industry faces crisis: China slowdown and soaring prices According to a Bain & Company report, 2024 was the first year of decline in luxury sales since the financial crisis in 2008. Former LVMH chair of North America Pauline Brown joined Catalysts hosts Julie Hyman and Madison Mills to reflect on the luxury sector’s biggest challenges in 2024 and discuss whether those losses could continue into 2025. Brown highlights the slowdown in China as a major issue, as it notably marks the end of the market's rapid growth seen in the last decade. "The issues within the sector go much deeper than China, and I think some of them are not being talked about enough," Brown says. "If you look at most of the brands ... most dramatically seen with Chanel, but also with certain items from Prada, from Dior, from many of the big nameplates, the price on their handbags and their shoes has gone up anywhere from 75 to 100% on the same items just in the last five years." She notes that this was "not inflation driven." Brown also points to a few standout brands, like Hermés and Ralph Lauren, that are still thriving despite these broader industry struggles. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch. Hedge Funds Think That Capri Holdings Limited (CPRI) Will Bounce Back Soon We recently compiled a list of the 10 Stocks That Will Bounce Back According To Hedge Funds. In this article, we are going to take a look at where Capri Holdings Limited (NYSE:CPRI) stands against the other stocks. With 2024 coming to a close, investors have left several unknown variables behind them. They started out the […] Capri reportedly exploring sale of its Versace, Jimmy Choo brands; shares jump Capri Holdings (NYSE:CPRI) shares rose as much as 7% in premarket trading on Monday after Women’s Wear Daily (WWD) reported that the company is exploring potential buyers for its Versace and Jimmy Choo brands, working with Barclays (LON:BARC) to facilitate the process. How Tapestry’s Failed Bid to Buy Capri Reshaped Both Companies in 2024 The Federal Trade Commission zeroed in on fashion for the first time in a generation when Coach, Kate Spade and Michael Kors were all set to be under one roof. Capri Puts Versace and Jimmy Choo Up for Sale: Sources The company is said to be working with Barclays to sell off the luxury brands as it focuses in on the Michael Kors turnaround. HPE CEO on $14 billion Juniper deal: It should close in early 2025 HPE CEO Antonio Neri still thinks his prized $14 billion deal for Juniper Networks will close in early 2025. How to Spot a Rich Guy? Look for This Jacket. Tailored but unstuffy, with a distinctive stand collar, the ‘Rich Guy Jacket’ is suddenly in demand. Why nearly every ultra-luxe menswear brand is selling it now. Conventum – Alluvium Global Fund’s Updates on Tapestry’s Acquisition of Capri Holdings Limited (CPRI) Alluvium Asset Management, an asset management company, released its “Conventum – Alluvium Global Fund” third-quarter 2024 investor letter. A copy of the letter can be downloaded here. The equity market continued its rally in the third quarter. The Fund was up 4.3%, 8.7% and 4.6% in EUR, USD and AUD terms, in the quarter. In […] S&P Raises Its Outlook on Tapestry After Capri Deal Falls Through The credit rating agency switched Tapestry to stable from negative after it paid back $6.1 billion in debt taken on to complete the acquisition. Shuffle Board: Kohl’s CEO to Retire, Capri’s CEO to Lead Michael Kors Retail veteran Ashley Buchanan succeeds Kohl’s CEO Tom Kingsbury. The 2 drivers behind inflation in luxury brand prices The holiday shopping season has arrived, kicking off with Black Friday promotions and deals being pushed by companies across industries. Former LVMH (MC.PA, LVMUY) Chairman of North America Pauline Brown joins Morning Brief to discuss consumer shopping patterns, particularly in the luxury goods sector. Brown notes a generational divide in shopping habits: older consumers are more than 50% likely to shop online and research products before visiting stores. In contrast, younger generations prefer in-store shopping, as "it's become a social activity again." However, luxury brand prices remain a significant concern for consumers. "This is not an issue that has just come to the fore this holiday season, this has been going on for about 5 years," Brown tells Yahoo Finance, noting that price inflation has exceeded 50% "for most luxury brands." She highlights two key factors driving this inflation: growing appetite for luxury brands which "seemed to be permission to raise the price," and previously strong growth in China, a key consumer market that has begun to see slowing demand for luxury goods. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Performance Overview Trailing total returns as of 1/16/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return CPRI S&P 500 YTD +15.89% +0.51% 1-Year -53.06% +24.11% 3-Year -59.05% +27.33%