Versace Sale Would Support Parent Capri Holdings Lean Portfolio: Analyst Capri Holdings gets price forecast boost as analyst sees long-term margin gains from brand shifts, but flags tariff-driven cost risks for FY26.
Capri Trims Full-Year Outlook, But Profit Grip And Strategic Divestitures Keep Bulls Around Despite a generally poor outlook, the sentiment among retail investors on Stocktwits shifted to ‘extremely bullish’.
Wall Street Stalls As Treasury Yields Climb Again Ahead Of Nvidia Earnings, Fed Minutes: What's Driving Markets Wednesday? After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
Capri Holdings Q4: Earnings Miss, Margins Squeeze Amid Sales Slump And Tariff Uncertainty Capri Holdings posts wider-than-expected Q4 loss on $545M tax charge, margin pressure, and tariff-related uncertainty despite beating revenue estimates.
World’s Biggest Luxury Brand Still Struggles As China Troubles Loom Large - Report LVMH reportedly tempered investor expectations for the current quarter; the warning might weigh down the sentiment for global luxury retail firms.
Deal Dispatch: Harley-Davidson To Wipe Out? Plus, Prada's Versace Purchase Garners A Fashionable Price Things are hog wild at Harley-Davidson; Plus, Impresoft, Keros Therapeutics and Rivalry Corp. are all itching for a deal.
Versace Exit Is Capri's Big Bet On Michael Kors Revival, Says Analyst Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in Michael Kors.
Prada Acquires Versace From Capri Holdings In $1.4B Deal Prada said that the transaction will be funded by €1.5 billion of new debt composed of €1.0 billion term loan and €0.5 billion bridge facility.
Versace Goes Prada: Capri's Big Exit Sparks Fashion Power Shift Capri sells Versace to Prada for $1.4B as it refocuses on Kors and Choo amid tariff-driven market volatility.
Retail Stocks Rally On Tariff Pause: What's Going On? Retail stocks such as Capri Holdings and Ralph Lauren Corporation are up Wednesday after President Donald Trump announced a 90-day suspension on reciprocal tariffs for countries that have not retaliated against the U.S., easing trade tensions for import-heavy sectors.
Capri's Versace Deal With Prada Could Reportedly Drop This Week: Retail Investors Eye Upside Reuters reported that Prada might agree to pay $1.1 billion for Versace and announce the deal on Thursday.
Trump Reveals Vietnam Trade Talks As Nike Stock Rallies On Surprise Turnaround Shares of clothing and footwear retailers are climbing Friday after President Donald Trump revealed that Vietnam is interested in negotiations to reduce tariffs.
Retail Stocks Slammed As Trump's Tariff Plan Sends Shockwaves Through Sector The retail sector is under heavy selling pressure on Thursday as Wall Street digests President Trump's tougher-than-anticipated tariff plan.
Macy's Leadership Changes 'Not A Complete Surprise': Analyst Macy's announces leadership changes, including CFO and COO exit and new hires. Analyst maintains Market Perform rating, price target of $15.
