CPRI
Capri Holdings Limited
September 22, 2026 · intraday
- Rarity
- 1.91
- Peak move
- +12.01%
- Float cap
- $1.6B
Capri Holdings Limited is a global fashion luxury group consisting of Michael Kors and Jimmy Choo. It designs, markets, and distributes accessories, footwear, apparel, handbags, small leather goods, jewelry, and licensed fragrance and eyewear. Products reach consumers through company-operated stores, e-commerce sites, department and specialty stores, wholesale doors, and licensing partners primarily in the Americas, EMEA, and Asia.
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What we found
6 events · 0 from SEC or newswire · 0 timed with the move- Key event
guidance_changeCapri Holdings' Michael Kors brand reported continued sales declines in fiscal Q1 2027, with group revenue of $769 million, down 3.5% year on year, and the company cut its fiscal 2027 revenue forecast to approximately $3.4 billion.
customer_lossUK department store Harvey Nichols entered administration owing £270.5M to unsecured creditors, with Jimmy Choo expected to recover no more than 15% of the £174,201 it is owed, and the trading company was sold to Frasers Group.
- Key event
executive_remarkAt the Goldman Sachs Global Retail and Consumer Conference, Capri Chairman and CEO John Idol and CFO/COO Tyler Reddien said growth should accelerate in the second half of fiscal 2027, with marketing rising to about 10% of revenue and roughly half of the Michael Kors store fleet renovated over two to three years.
- Key event
strategic_reviewCapri Holdings informally approached prospective buyers about a possible sale, with some acquirers reviewing its books; no formal process is underway and a near-term deal is not expected, with a $809 million change-of-control currency-hedge liability as a hurdle.
index_rebalanceCapri Holdings Limited was added to the S&P 600 Consumer Discretionary sector index, effective September 21, 2026, per S&P Capital IQ.
executive_appointmentCapri Holdings appointed Catherine So as Chief Legal and Sustainability Officer, adding governance, compliance and environmental responsibilities; she joins from Tiffany & Co., effective October 19, 2026.