Capri Holdings Limited
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Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
Is the FTC Really Going to Stop Tapestry and Capri From Merging?
Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.
Michael Kors’ New CEO Joshua Schulman Joins the Brand at a Critical Time
The former Coach chief is tasked with speeding the transformation of Capri Holdings’ largest brand into a true luxury player before taking the helm of the entire group next year.
Capri Holdings Beats Quarterly Revenue Estimates
The Michael Kors owner's total revenue fell to $1.11 billion in the second quarter from $1.44 billion a year earlier.
Luxury Sector Recovers in Time for Second Lockdown
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.