Capri Holdings Receives ESG Initiative of the Year Award

Who won Luxury Law Awards 2024 – and why

Capri Holdings has been honored with the ESG Initiative of the Year award for its partnership in the sustainable leather industry. This recognition highlights the company's commitment to environmental, social, and governance practices, showcasing its leadership in promoting sustainability within the fashion sector.

Capri Holdings

Jefferies Cuts Capri Holdings' Stock Price Target Amid Q4 Misses

Capri Holdings stock price target cut amid Q4 misses

Jefferies adjusted its stock price target for Capri Holdings to $38 from $57, maintaining a Hold rating, citing the company's disappointing Q4 results and challenging sales trends.

Capri Holdings Reports Disappointing Q4 Results, Misses Analyst Estimates

Capri Holdings (CPRI) Q4 Earnings Lag Estimates, Sales Dip Y/Y

Capri Holdings Q4 earnings and revenue miss analyst estimates By Investing.com

Capri Holdings reported a decline in revenue and earnings per share for the fourth quarter of fiscal 2024, missing analyst estimates. The company's revenue decreased by 8.4% to $1.223 billion, while adjusted earnings per share stood at $0.42, below the analyst estimate of $0.67.

Capri Holdings Options Implies 5.8% Move in Share Price Post-Earnings

Capri Holdings options imply 5.8% move in share price post-earnings - TipRanks.com

Capri Holdings, a luxury fashion company, is expected to experience a 5.8% move in its share price after earnings are released, as indicated by implied volatility. Pre-earnings options volume in Capri Holdings is normal, with calls leading puts at a ratio of 3:1.

Capri Holdings' Revenue and Net Income Face Challenges

American firm Capri Holdings' revenue at $1.22 bn in Q4 FY24

Capri Holdings' revenue and net income faced challenges in Q4 FY24, with revenue decreasing by 8.4% to $1.223 billion and net loss widening to $472 million.

Analysts Share Diverse Outlooks on Capri Holdings

4 Analysts Have This To Say About Capri Holdings - Capri Holdings (NYSE:CPRI)

Four analysts recently shared their evaluations of Capri Holdings, revealing diverse outlooks from bullish to bearish, with an average price target of $41.0.

Capri Holdings Reports Disappointing Q4 Results

Capri Holdings reported a decline in sales for the fiscal year 2024, with total revenue falling by 7.6 percent from $5.6 billion in fiscal-year 2023 to $5.17 billion in fiscal-year 2024. All brands under Capri Holdings, including Michael Kors, Versace, and Jimmy Choo, reported lower revenues compared to the previous fiscal year.

Federal Trade Commission Files Lawsuit Against Tapestry and Capri's $8.5 Billion Merger

Will a Tapestry, Capri Deal Really Harm Consumers?

The Federal Trade Commission filed a lawsuit against Tapestry, Inc. and Capri Holdings on April 23, 2024, seeking to block their $8.5 billion merger. The FTC argues that the merger would eliminate fierce head-to-head competition on many important attributes, including price, discounting, and design, potentially leading to higher prices for consumers.

Tapestry Inc. Proposes $8.5 Billion Acquisition of Capri Holdings

Tapestry: 2024 TIME100 Most Influential Companies | TIME

Versace: Mathieu Baboulène is the new Director of Global Communications

Tapestry Inc. proposed an $8.5 billion acquisition of Capri Holdings in August 2023, which faces challenges from the U.S. Federal Trade Commission. The potential merger would combine Tapestry’s three major brands, Coach, Kate Spade, and Stuart Weitzman, with Capri’s Michael Kors, Versace, and Jimmy Choo.

Capri Holdings Q4 Earnings and Revenue Miss Analyst Estimates

Capri Holdings reported a decline in revenue for the fourth quarter of the fiscal year 2024, with a revenue drop of 8.4% to $1.223 billion. The company's adjusted earnings per share (EPS) for the quarter stood at $0.42, which was below the analyst estimate of $0.67.

Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo, and Michael Kors. The company is committed to glamorous style and craftsmanship, offering exceptional, innovative products across the full spectrum of fashion luxury categories.

Michael Kors

Versace

Jimmy Choo

Capri Holdings Limited is a global fashion luxury group, consisting of iconic brands that are industry leaders in design, style and craftsmanship. Our brands cover the full spectrum of fashion luxury categories including women’s and men’s accessories, footwear and apparel as well as wearable technology, watches, jewelry, eyewear and a full line of fragrance products.

The goal of our company is to continue to extend the global reach of our brands while ensuring that they maintain their independence and exclusive DNA. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

Capri Holdings Limited

Last Call! Our final virtual Internship Information Session will be held on Thursday, January 25th, at 3pm EST. 

Don’t miss out. Sign up today to learn more about this summer’s Capri Holdings Internship Program in New York: https://lnkd.in/gzdVkVuW
 
#CapriTalent #CollegeToCapri

Start your career in fashion! We will be hosting our next virtual Internship Information Session on Tuesday, January 23rd, at 2pm EST. 
 
Don’t miss this opportunity to learn about all of the intern opportunities this summer in New York. Sign up today: https://lnkd.in/emv3fT7y

#CapriTalent #CollegeToCapri

From London to NYC to Japan, our global teams embraced the holiday spirit! Our offices in NYC and NJ each hosted potluck Thanksgiving celebrations, employees hosted Christmas celebrations full of festive cheer in Japan, and teams also came together for a heartwarming Holiday Card Making event. Here's to a season of giving, gratitude, and community!

#HolidayRecap #CapriCommunity

Interested in the corporate side of fashion? Join our next information session to learn about our Summer 2024 Internship Program. 

Find more information here: https://lnkd.in/eJJ-Rb3Y

#CollegeToCapri #CapriTalent

College to Capri: Meet Melissa Rose, who recently transitioned from a Merchandising Intern at Versace to a Merchandising Coordinator at Michael Kors. 

#CollegeToCapri

Shopping around for your summer internship opportunity? Join us to learn what it is like to intern at Capri. We will be hosting our first virtual session on Tuesday, January 16th.  

Sign up to learn what we have planned for next summer: https://lnkd.in/e7EZe7nP

 #CollegeToCapri #CapriTalent

Holiday Season Rewind: Celebrating the festive spirit in style at our holiday parties in New York and Europe. Cheers to our teams for their hard work and a wonderful year!
 
#CapriTalent

We are kicking off 2024 by celebrating a year of progress in diversity and inclusion. 

Embracing diversity at Capri means fostering a workplace where the unique backgrounds, experiences, and perspectives of our employees and customers are celebrated. As we reflect on these key achievements, we look ahead to an even more inclusive and united future. 

#CapriCommunity #DiversityandInclusion

Bringing warmth to the season, our Employee Resource Groups (ERG) have been busy spreading holiday cheer. From festive gatherings to giving back to our communities, our #CapriCommunity has made sure to take time to celebrate the holidays. 
#CapriTalent

Earlier this year, Capri hosted a powerful Diversity & Inclusion keynote session in Australia – Overcoming Adversity with Grit, Love, and Hope – featuring the incredible World Para Surfing Champion, Sam Bloom. Sam’s journey left a lasting impact on us all, offering profound perspectives on resilience and triumph over challenges.

Read on to hear from our session moderator, John Mutton – Capri Holdings Limited, General Manager of Australia and New Zealand.

“My biggest takeaway was that despite the sad story, what shines brightly is the human spirit which is within us all …. The love of nature, traveling, family, and the small joys of life elevate us all!

I enjoyed most the journey of the story that Sam took us on, the joy of life, youthful love, travel, sport, family and building a future together. Sam endured devastation and darkness in the accident but found renewed hope and rebuilt a new life regardless of the ups and downs.

Sam shared a perspective that life is here to be treasured and lived today – it was a fantastic human learning experience!”

Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 700 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.

COM:CAPRIHOLDINGS

Capri Holdings

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21/11 21:00

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