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Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry , owner of Coach New York and Kate Spade , offered to buy Capri for $8.5 billion in 2023, [ 7 ] [ 8 ] but called off the acquisition after it was blocked by a federal judge the following year.
Outlook: Capri Holdings expects FY25 revenue of $4.40 billion, below the $4.51 billion estimate. Versace’s revenue is expected to be around $810 million, impacted by $10 million in foreign ...
She will be responsible for leading the global human resources organization across all three luxury houses — Michael Kors, Jimmy Choo and Versace.
Image source: Getty Images. Capri comes up short. The parent company of Michael Kors, Jimmy Choo, and Versace said that revenue in the quarter fell 16.4% to $1.08 billion, which missed estimates ...
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Tapestry announced it would acquire Capri Holdings in August 2023 for $8.5 billion. [10] Capri owns the brands Versace, Michael Kors, and Jimmy Choo. [11] The U.S. Federal Trade Commission sued to block the acquisition in April 2024 citing reduced competition between their brands, like Coach and Michael Kors, in the affordable luxury handbag ...
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Capri Holdings Ltd. has made strides toward key Corporate Social Responsibility targets relating to environmental sustainability and climate change, human rights, diversity and inclusion, and ...