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The Latest Breaking News from Capri Holdings

Donatella Versace out as creative director of the Milan fashion house, in a shakeup by US owner

Donatella Versace has been replaced as creative director of the fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace’s U.S. owner Capri Holdings announced on Thursday

The Independent UK

Stocks Turn Lower on Stagflation Fears

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. March E-mini S&P futures (ESH25 ) are down -0.20%, and March E-mini Nasdaq futures...

Barchart

Positive Corporate News Supports Stocks Ahead of Tuesday's Tariff News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. March E-mini S&P futures (ESH25 ) are up +0.05%, and March E-mini Nasdaq futures...

Barchart

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Prada heiress who took the fashion label to new highs with Miu Miu, is eyeing Versace—but she won’t be the only one

“Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

Fortune

Stocks Gain Ahead of This Week’s FOMC Meeting

The S&P 500 Index ($SPX ) (SPY ) today is up (+0.41%), the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.94%. Dec E-mini S&P futures (ESZ24 ) are up +0.40%, and Dec E-mini Nasdaq futures...

Barchart

Lower T-Note Yields Boost Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up (+0.31%), the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. Dec E-mini S&P futures (ESZ24 ) are up +0.22%, and Dec E-mini Nasdaq futures...

Barchart

Stocks Settle Mixed as Early Gains Fade on Mixed Corporate News

The S&P 500 Index ($SPX ) (SPY ) Friday closed down by -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.59%. Stocks on Friday settled mixed, with the Dow Jones Industrials falling...

Barchart

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Stocks Rally as Chip Stocks Jump on Western Digital Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.53%. Stocks today are moderately higher, with the Nasdaq 100 posting a...

Barchart

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

Kiplinger

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse

The LVMH founder's falling net worth is a sign of a struggling luxury goods industry.

Fortune

Stock Index Futures Rise After Weekly Job Numbers are Released

September S&P 500 E-Mini futures (ESU24) are down -0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.03% this morning as market participants geared up for U.S. weekly jobless claims data and the next round of quarterly results while also awaiting remarks from a Federal Reserve official.

Barchart

Stocks Muted Before the Open as Investors Await U.S. Jobs Data and Earnings Reports, Fed Speak on Tap

Barchart

Capri Holdings: May 17 $35 Unusually Active Call Option Is a No-Brainer

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

Barchart

FTC To Sue To Block Capri-Tapestry .5B Takeover: NYT

FTC considers lawsuit to block Capri Holdings acquisition by Tapestry Inc., raising antitrust concerns in luxury fashion industry.

Top News

Tapestry's Q2 earnings expected to miss expectations amid debt concerns

Tapestry, the luxury goods retailer, is expected to report lower revenues and earnings in its fiscal Q2 due to challenges in consumer spending and its upco...

Fortune

Meet the CEO behind the huge fashion deal uniting Coach with Michael Kors

The biggest luxury fashion M&A deal in decades, Tapestry's purchase of Capri Holdings, means new challenges for CEO Joanne Crevoiserat.

StockNews.com

Make Smart Moves for Your Portfolio With 3 Luxury Stocks

The luxury industry is anticipated to thrive due to the increased popularity of online shopping and social media influence on fashion trends. Given stable demand, investors might consider buying luxury stocks, Guess? (GES), Tapestry (TPR), and Urban Outfitters (URBN). Read on.

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StockNews.com

Is There a Buying Opportunity with These 3 Luxury Stocks?

The increasing inclination of the younger population toward fashion trends and the growing influence of social media is expected to drive growth in the luxury market. So, should you buy luxury stocks TJX Companies (TJX), Tapestry (TPR), and Chico’s FAS (CHS) now? Read more.

Investors Business Daily

Michael Kors Parent Spikes 58%. But Are Versace, Jimmy Choo Worth $8.5 Billion?

Coach parent Tapestry is buying Michael Kors and Versace owner Capri Holdings for $8.5 billion. CPRI stock soars 58%, TPR stock retreats.

Evening Standard

Coach owner buys Versace parent company to create new US luxury fashion giant

The merger creates a business with global sales of more than $12 billion a year and annual profits of close to $2 billion

The Independent UK

Coach parent Tapestry buying Capri, owner of Michael Kors and Versace, in $8.5 billion deal

Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings

The Guardian - UK

‘She has a vision and a talent’: Dua Lipa designs first collection for Versace

The pop star has turned her hand to designing clothes – a voguish move for a growing range of musicians and fashion houses

Investors Business Daily

Apparel Maker Capri Holdings Stock Earns IBD Rating Upgrade

A Relative Strength Rating upgrade for Capri Holdings shows improving technical performance. Will it continue?

Evening Standard

Ralph Lauren sales grow as shoppers stick with designer brands despite squeezed budgets

Versace clothing

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