Capri Holdings - Fashion Company Profile
Capri Holdings is the New York luxury group built around Michael Kors: it began as Michael Kors Holdings, bought Jimmy Choo in 2017 and Versace in 2018, and renamed itself Capri in 2019 to stand above all three houses. Two later deals redrew it again: the planned merger with Coach's parent Tapestry was blocked by US regulators in 2024 and abandoned, and on December 2, 2025 Capri completed the sale of Versace to the Prada Group, leaving Michael Kors and Jimmy Choo as its two brands. Because this directory's filing is the group's own announcement-era record, it is kept on this single page, headed by the current position above.
Company Snapshot
- Status
- Operating - luxury group reduced to two brands after completing the sale of Versace to the Prada Group on December 2, 2025; its planned merger with Tapestry was blocked in 2024 and abandoned
- Type
- Public - NYSE: CPRI
- Headquarters
- New York City, New York, United States
- Founded
- Built on the Michael Kors brand, founded in 1981; renamed Capri Holdings in 2019 after the Versace acquisition
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Company Profile
The headline of the filing is a dated announcement, and it is kept at the top of the record exactly as a dated announcement should be. Tapestry, Inc., a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, and Capri Holdings Limited, a global fashion luxury group consisting of Versace, Jimmy Choo, and Michael Kors, on August 10, 2023 announced that they had entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction Capri Holdings shareholders will receive $57.00 per share in cash for a total enterprise value of approximately $8.5 billion.
Reading an Announcement as Filed
Dated news stays attached to its date and its own verbs: the record is an announced definitive agreement, with stated terms - an announcement of August 10, 2023, at $57.00 per share and approximately $8.5 billion enterprise value. Whether and how an announced transaction later closed, changed or was abandoned is a matter for current financial reporting, and no later outcome is asserted here, because the historical profile asserts none. A reader who needs the present-day ownership position should follow the group's own site, in the References, and current exchange filings under the CPRI ticker.
What the announcement itself tells a directory reader is structural, and it needs no updating to be useful: by 2023 the American accessible-luxury industry had consolidated into two house-of-brands groups facing each other - Tapestry with Coach, Kate Spade and Stuart Weitzman, and Capri with Versace, Jimmy Choo and Michael Kors - and the larger story of this letter's Coach profile (the 2017 renaming of Coach, Inc. as Tapestry to reflect its expanding portfolio) is the same consolidation seen from the other side. The two filings are cross-linked in this page's routes for exactly that reason.
Common Questions
Which brands make up Capri Holdings?
Versace, Jimmy Choo and Michael Kors - a global fashion luxury group covering women's and men's accessories, footwear and apparel, wearable technology, watches, jewelry, eyewear and fragrance, in the historical record.
What transaction was announced on August 10, 2023?
Tapestry, Inc. and Capri Holdings announced a definitive agreement for Tapestry to acquire Capri Holdings, with Capri shareholders to receive $57.00 per share in cash for a total enterprise value of approximately $8.5 billion, as recorded.
Where is Capri Holdings listed?
On the New York Stock Exchange under the ticker CPRI, in the historical record.
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