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.
Macy's New Hire To Lead Finance And Operations Functions Fails To Reverse Retail's Highly Bearish Stance The appointment comes as the department store chain reorganizes its operations under Tony Spring, who took over as CEO last year.
As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum After two years of strong gains from the Magnificent 7, the rotation trade is gaining steam; here are three stocks for growth-oriented investors to consider
Capri Holdings Stock Moves Up As Guidance Edges Past Estimates, But Retail’s Not Fully Onboard For 2025, the company projects for $4.4 billion in total revenue, consisting of $3.0 billion from Michael Kors, $810 million from Versace, and $600 million from Jimmy Choo.
Why Is Fashion Luxury Company Capri Stock Gaining Today? Capri Holdings stock rises as it introduces long-term growth targets, with FY25 revenue of $4.4B and improved margins for FY26.
Capri Holdings Stock Plummets After Q3 Earnings Miss: Retail Sentiment Sours Capri posted a net loss of $547 million, compared to a net income of $105 million in the prior year quarter.
Capri Faces Brand Challenges in Q3 Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging operating environment.
Stocks Rebound, Google Eyes Worst Drop In A Year, Gold Shatters Fresh Records: What's Driving Markets Wednesday? Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Versace, Jimmy Choo Parent Capri Q3: Earnings Miss, Sales Decline, Lackluster Outlook & More Capri Holdings reported Q3 earnings of 45 cents per share, missing estimates, with a 11.6% revenue decline,
