Berlin - Delayed Quote EUR

Capri Holdings Ltd (MKO.BE)

22.97

+0.76

+(3.42%)

At close: January 17 at 8:03:14 AM GMT+1

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.

Business Wire 2 days ago

CPRI
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

Yahoo Finance Video 10 days ago

TPR

CPRI

HESAF
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.

Yahoo Finance Video 28 days ago

TPR

BCUCF

BCUCY
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.

Yahoo Finance last month

JNPR

HPQ

HPE
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.

The Wall Street Journal last month

ZGN

CPRI
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

Yahoo Finance Video last month

PPRUF

PPRUY

LVMHF
Michael Kors Reorganizes Leadership Team

LONDON, November 26, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, announced today that Michael Kors is reorganizing its leadership team. John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, will assume the role of Chief Executive Officer of Michael Kors. Effective December 2, 2024, Philippa Newman will be promoted to Michael Kors Chief Product Officer. Ms. Newman joined Michael Kors over 14 years ago having most recently served as the President of Acc

Business Wire last month

CPRI
Tapestry rises on $2B share buyback, extending failed merger rally

Tapestry (TPR) shares gain on the Coach parent company's $2 billion share buyback announcement. The stock's rise extends its recent gains after the announcement that Tapestry and Michael Kors holding company Capri (CPRI) abandoned their merger efforts, citing regulatory hurdles. Catalysts Host Madison Mills joins Wealth! Host Brad Smith to break down the details of the stock move. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.

Yahoo Finance Video last month

TPR

CPRI
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty

Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.

The Wall Street Journal 2 months ago

CPRI
Capri Holdings Announces Termination of Merger With Tapestry

LONDON, November 14, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and Tapestry mutually agreed that terminating the merger agreement was in the best interests of both companies as the required closing condition of receiving necessary U.S. regulatory approvals was unlikely to be met by the merger agreement’s outside date of February 10, 2025. The Company also announced i

Business Wire 2 months ago

CPRI
Capri Holdings Limited Announces Second Quarter Fiscal 2025 Results

LONDON, November 07, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2025 ended September 28, 2024.

Business Wire 2 months ago

CPRI
Heard on the Street: Coach Owner’s Next Best Acquisition Plan—Its Own Shares

Coach owner Tapestry might just have to say “thank you, next” to Michael Kors owner Capri. A judge blocked Tapestry’s proposed $8.5 billion acquisition of Capri about two weeks ago, siding with the Federal Trade Commission. Tapestry’s shares tanked when it unveiled the Capri deal last year.

The Wall Street Journal 2 months ago

CPRI

TPR
Tapestry price target raised to $55 from $49 at Citi

Citi raised the firm’s price target on Tapestry (TPR) to $55 from $49 and keeps a Buy rating on the shares. The blocked acquisition of Capri Holdings (CPRI) simplifies the Tapestry story, “making it much cleaner,” the analyst tells investors in a research note. The firm says that although Tapestry intends to appeal the decision, the company’s management “may be breathing a secret sigh of relief.” The blocked deal allows the company’s strong free cash flow generating power to come back into focus

TipRanks 2 months ago

TPR

CPRI
Michael Kors Parent Craters On Blocked Merger With Tapestry

Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.

Investor's Business Daily 2 months ago

CPRI

TPR
Why the failed Capri merger is 'very good' for Tapestry stock

Capri Holdings (CPRI) stock fell sharply sharply Friday following a federal judge's decision to block its proposed acquisition by Tapestry (TPR), citing antitrust concerns. Both companies have stated their intent to appeal the decision Bernstein analyst Aneesha Sherman joins Market Domination to evaluate the investment potential of both companies in light of this development. "The real question is can this be overturned in the appeal," Sherman explained, highlighting that the appeal process could extend over several months. She emphasizes February 10, 2025 as "sort of the final date" when either party can legally terminate the agreement. Sherman noted that "the odds have heavily shifted" toward the deal's collapse, which she views as "very good for Tapestry." She points to Capri's declining performance since the acquisition announcement, stating the company has had "deteriorating performance every single quarter, so it's looking less and less appealing as an asset to purchase." On the other hand, Sherman only sees potential upside for Capri if they were to sell the Jimmy Choo and Versace brands to hone in on Micheal Kors. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith

Yahoo Finance Video 2 months ago

CPRI

TPR
Those who invested in Capri Holdings (NYSE:CPRI) five years ago are up 34%

The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...

Simply Wall St. 2 months ago

CPRI
Tapestry Stock Rallies After Capri Deal Is Halted

A judge stopped Tapestry closing its takeover of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Michael Kors, Versace and Jimmy Choo. Capri shares (CPRI) slumped 47% in midday trading, while Tapestry's stock (TPR) rallied 14%.

The Wall Street Journal 2 months ago

CPRI

TPR
Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal

Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.

Yahoo Finance 2 months ago

TPR

CPRI
Stocks to Watch Friday: Tapestry, Deckers, Skechers, Spirit Airlines

↗️ Tapestry (TPR): A judge blocked the company from buying Capri (CPRI) in an $8.5 billion deal that would have brought together brands like Michael Kors and Kate Spade. Capri stock plunged more than 40% in morning trading; Tapestry shares rallied.

The Wall Street Journal 2 months ago

DECK

TPR

HCA
Coach-Michael Kors Deal Blocked by Judge

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.

The Wall Street Journal 2 months ago

TPR

CPRI

Performance Overview

Return	MKO.BE	S&P 500
YTD	+15.31%	+1.52%
1-Year	-50.05%	+25.82%
3-Year	-56.55%	+28.61%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Capri Holdings Ltd (MKO.BE)

Capri Holdings Limited Announces Reporting Date For Third Quarter Fiscal 2025 Financial Results

Luxury retailers could see benefit from Trump 2.0 tariffs

Luxury industry faces crisis: China slowdown and soaring prices

HPE CEO on $14 billion Juniper deal: It should close in early 2025

How to Spot a Rich Guy? Look for This Jacket.

The 2 drivers behind inflation in luxury brand prices

Michael Kors Reorganizes Leadership Team

Tapestry rises on $2B share buyback, extending failed merger rally

Tapestry, Capri End Merger Hopes Amid Legal Uncertainty

Capri Holdings Announces Termination of Merger With Tapestry

Capri Holdings Limited Announces Second Quarter Fiscal 2025 Results

Heard on the Street: Coach Owner’s Next Best Acquisition Plan—Its Own Shares

Tapestry price target raised to $55 from $49 at Citi

Michael Kors Parent Craters On Blocked Merger With Tapestry

Why the failed Capri merger is 'very good' for Tapestry stock

Those who invested in Capri Holdings (NYSE:CPRI) five years ago are up 34%

Tapestry Stock Rallies After Capri Deal Is Halted

Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal

Stocks to Watch Friday: Tapestry, Deckers, Skechers, Spirit Airlines

Coach-Michael Kors Deal Blocked by Judge

Performance Overview