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Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
Michael Kors-owner Capri's bleak forecast signals slow luxury demand recovery
Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...
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Michael Kors-owner Capri's bleak forecast signals slow luxury demand recovery
(Reuters) -Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael Kors owner looks to rebuild its business amid slowing luxury ...