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The Latest Breaking News from CAPRI

Michael Kors Parent Warns Middle East Conflict Is Taking a Toll on Luxury Sales

Capri Holdings Ltd. (NYSE:CPRI) stock fell Wednesday after the luxury fashion company lowered its fiscal 2027 revenue forecast, citing inventory shortages at Michael Kors, weaker demand in Europe, the Middle East and Africa (EMEA), and foreign exchange headwinds, even as it reported first-quarter results that topped Wall Street earnings expectations.

Benzinga

The one question that drives every deal at the luxury giant behind Coach and Kate Spade

The company tried to acquire the luxury group behind Versace and Jimmy Choo. But months later, it sold Stuart Weitzman.

Fortune

Capri Global eyes debut dollar debt sale, starts procedure, bankers say

Capri Global Capital is set to enter the foreign currency debt market, planning to raise funds through U.S. dollar denominated bonds. The non-banking finance company aims to secure around $300 million, potentially up to $500 million, with a maturity of three years and three months. This move aligns with their…

The Economic Times

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Capri's Turnaround Is Taking Shape, But Is the Stock a Buy Yet?

Capri is showing signs of progress after selling Versace and returning to profitability, but is the turnaround strong enough to make the stock a buy?

MarketBeat

The Capri pants I'm wearing on repeat this summer – and the best styles to buy now

Inject some Italian dolce vita into your wardrobe

Evening Standard

Capri Q4 Earnings Call Highlights

Capri (NYSE:CPRI) reported a return to profitability in its fiscal fourth quarter as management said strategic efforts at Michael Kors and Jimmy Choo are beginning to gain traction, while the company forecast revenue growth and sharply higher earnings in fiscal 2027. On the company’s earnings call,

MarketBeat

Street traders hit by major clampdown on Italian holiday island

Traders could be fined up to £433 if they are caught

The Independent UK

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After a Huge Rally, Is There Any Upside Left for Ralph Lauren Stock?

Ralph Lauren stock has surged on strong earnings and strategy execution, but with shares near highs, analysts see limited upside ahead.

MarketBeat

Capri pants are back! How to wear summer’s most divisive style

These ultra-cropped Noughties throwbacks are back in the fashion spotlight once more

Evening Standard

Behind luxury brands Michael Kors and Jimmy Choo lurks a holding company with millions in losses

Capri CEO John Idol’s fashion powerhouse of Michael Kors, Versace, and Jimmy Choo was supposed to rival LVMH. Seven years in, the company lost $1 billion in 2025, and revenues are in tatters

Fortune

‘Being a man must be so much easier' says our columnist Kathy Lette

Cheaper haircuts, mechanics taking you seriously, and no queueing for the toilet all make being male seem so much more appealing, admits our columnist

Woman & Home

The annual Homes & Gardens Design Awards shine a spotlight on the most inspiring designs in decorating – here are our winners

Celebrating the transformative power of pattern, colour, and texture, our decorating winners - from fabrics and wallpapers to tiles and paints - showcase designs that enrich interiors with depth, warmth, and enduring style

Homes & Gardens

Buying Kate Spade has cost Tapestry nearly $1 billion

But Coach is firing on all cylinders at least.

Fortune

Selena Gomez Pulls Off the Capri Pants Trend for the First Time Since 2017

I need her date-night denim, stat.

Marie Claire

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TechRadar

I’ve driven the new Ford Capri – and it proves that nailing the retro-inspired EV brief isn’t easy

I've driven the new Ford Capri –and it sadly feels like an exercise in slapping a familiar badge on the back and paying lip service to a few design cues.

Cycling Weekly

Capri-Sun and Eddy Merckx reunite for a good cause

The limited-edition all-road bike and jersey revisits the '80s team colours with proceeds going to War Child plus Canyon updates, new kit from Alé and a Tailfin top tube bag

Al Jazeera

Prada acquires rival Versace for $1.4bn despite tariff uncertainty

The multibillion-dollar deal strengthens Italy’s position in luxury fashion industry.

The Guardian - UK

Prada buys Versace in €1.25bn deal uniting Italy’s biggest fashion brands

Prada has secured Versace at a €180m discount amid market turmoil and after months of speculation

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news in one place.

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International Business Times

Italy's Prada Agrees To Buy Rival Versace For 1.25 Bn Euros

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

Euronews

Prada Group buys Versace fashion house from its US owner in €1.25bn deal

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal valued at €1.25 billion euros ($1.4bn.)

Fortune

Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

The Independent UK

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 Guardian - UK

Prada in talks to buy Versace in deal that could reach almost €1.5bn

New York-listed Capri could reportedly agree to sell the brand back into Italian ownership this month

Fortune

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.

Barchart

Top 100 Stocks to Buy: Tapestry Jumps Into 68th Spot. Is It a Tariff Buy or Sell?

Forty-one stocks jumped into Barchart’s Top 100 Stocks to Buy on Tuesday. With regulatory issues behind it, the next hurdle could be tariffs. Does that make it a Buy or Sell?

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