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Capri Holdings Sells Versace to Prada for $1.375B

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Capri Holdings Sells Versace to Prada for $1.375B

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Capri Holdings ( (CPRI) ) has provided an update.

On December 2, 2025, Capri Holdings Limited completed the sale of its Versace business to Prada S.p.A for $1.375 billion in cash. The proceeds from this transaction are intended to repay the majority of the company’s debt, significantly strengthening its balance sheet and providing financial flexibility to invest in growth and return capital to shareholders. Additionally, Capri Holdings entered into a retention and performance bonus agreement with Krista McDonough, its Chief Legal and Sustainability Officer, to incentivize her continued employment and recognize her contributions to the sale. The company remains focused on its strategic initiatives for Michael Kors and Jimmy Choo, aiming to stabilize its business and establish a foundation for growth in fiscal 2027.

The most recent analyst rating on (CPRI) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Capri Holdings stock, see the CPRI Stock Forecast page.

Spark’s Take on CPRI Stock

According to Spark, TipRanks’ AI Analyst, CPRI is a Neutral.

The overall stock score of 53 reflects significant financial challenges faced by Capri Holdings, including declining revenues and high leverage. While technical indicators show positive momentum, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation. The earnings call provided some positive strategic directions, but these are not enough to offset the financial instability.

To see Spark’s full report on CPRI stock, click here.

More about Capri Holdings

Capri Holdings is a global fashion luxury group consisting of iconic brands Michael Kors and Jimmy Choo. The company is committed to glamorous style and craftsmanship, designing exceptional, innovative products across the full spectrum of fashion luxury categories. Capri Holdings is publicly listed on the New York Stock Exchange under the ticker CPRI.

Average Trading Volume: 2,492,494

Technical Sentiment Signal: Sell

Current Market Cap: $3B

For detailed information about CPRI stock, go to TipRanks’ Stock Analysis page.

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