John Idol Steps In as CEO of Michael Kors, Cedric Wilmotte Departs [Yahoo! Finance]
Capri Holdings Limited Ordinary Shares (CPRI)
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am
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Source: Yahoo! Finance
Idol previously led Michael Kors through a period of significant growth and is now tasked with turning the brand around after a decline in revenues. Philippa Newman has been promoted to chief product officer and will report to Idol. The changes come as Capri Holdings looks to recover from a failed buyout deal and declining revenues across its brands, including Michael Kors, Versace, and Jimmy Choo. Idol plans to boost marketing, rebuild the brand's core, and close underperforming stores to return the business to growth. John Idol is taking on a familiar role — chief executive officer of Michael Kors. Idol previously ran Michael Kors through a major growth spurt as the brand transformed from small designer to a publicly traded force in the accessible luxury handbag market. More from WWD Tapestry and Capri Terminate $8.5B Merger Agreement Delilah Belle Hamlin, Amelia Gray Hamlin Appear in Michael Kors Holiday Film Michael Kors Owner Capri Sees Business Fall Further as Revenu
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CPRI
News
- Hedge Funds Think That Capri Holdings Limited (CPRI) Will Bounce Back Soon [Yahoo! Finance]Yahoo! Finance
- Capri Holdings Limited (NYSE: CPRI) had its price target raised by analysts at JPMorgan Chase & Co. from $15.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- Capri reportedly exploring sale of its Versace, Jimmy Choo brands; shares jump [Yahoo! Finance]Yahoo! Finance
- Capri Puts Versace and Jimmy Choo Up for Sale: Sources [Yahoo! Finance]Yahoo! Finance
- Tote Bags Market to grow by USD 9.19 Billion (2024-2028), driven by luxury bag personalization, with AI redefining the market landscape - Technavio [Yahoo! Finance]Yahoo! Finance
CPRI
Earnings
- 11/7/24 - Miss
CPRI
Sec Filings
- 12/18/24 - Form 4
- 12/2/24 - Form 8-K
- 11/14/24 - Form 8-K
- CPRI's page on the SEC website