The Latest Breaking News from Capri Holdings Ltd

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Today’s benign U.S. July CPI report bolstered the outlook...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.90%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...

Michael Kors owner Capri Holdings Ltd raised its full-year profit forecast on Wednesday, signaling robust demand for its luxury goods as higher-income consumers return to their old shopping routines. Shares of the company, which owns Versace and Jimmy Choo, rose about 6% to $51.51 in premarket trading, Reuters said.

Capri Holdings Ltd (NYSE:CPRI) has appointed Emmanuel Gintzburger as Chief Executive Officer (CEO) of Versace, effective September 12, 2022. Gintzburger will report to John D. Idol, Chairman, and CEO of Capri Holdings. Gintzburger joins Versace from Alexander McQueen, where he served as CEO since May 2016. Late last year, Capri Holdings selected Cedric Wilmotte as…

Capri Holdings Ltd (NYSE: CPRI) stated that Joshua Schulman, CEO of Michael Kors, will leave the company. The company did not disclose any reasons for the exit. The company said John D. Idol will remain as the company's Chairman and CEO.