Capri Holdings Limited, a global fashion luxury group, announced it has changed its name from Michael Kors Holdings Limited, and from today its New York Stock Exchange ticker symbol will be CPRI. The company also confirmed it has completed the acquisition of Versace
Second quarter results for the Michael Kors Group exceed expectations. While the Michael Kors brand performed flat compared to the prior year, Jimmy Choo results were better than anticipated
The London-based global fashion luxury group announced its financial results for the first quarter. Growth marked the period. Jimmy Choo results were stronger than initialy anticipated
Under the terms of the transaction, Jimmy Choo shareholders received 230 pence per share with a total transaction value of approximately 1.35 billion US dollars
With the acquisition of the iconic luxury accessories brand, Michael Kors expects to expand its leadership position in the global fashion luxury segment and strengthen future growth opportunities