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What smart money is saying about Capri HoldingsUnited Kingdom flag

CPRI · Consumer Cyclical · Luxury Goods · Market cap $3.00B

1 fund in our archive has pitched Capri Holdings — most recently Greenlight Capital in December 2024.

Company profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites. It also licenses Versace brand name and trademarks to third parties to retail and/or wholesale its products; and has licensing agreements to the manufacture and sale of jeans, fragrances, watches, eyewear, and home furnishings. The company was formerly known as Michael Kors Holdings Limited and changed its name to Capri Holdings Limited in December 2018. Capri Holdings Limited was founded in 1981 and is headquartered in London, the United Kingdom.

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Fund coverage · 1 thesis

  • Greenlight Capital
    December 2024

    CPRI is a company we increased our position in despite a court blocking its merger, as we believe its interim poor results reflect management distraction and that there is strategic potential for recovery with its Versace and Jimmy Choo brands.

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