Capri Holdings (CPRI) Rises Amid Potential Sale of Versace and Jimmy Choo

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Dec 17, 2024
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Luxury fashion brand Capri Holdings (CPRI, Financial) saw its stock rise over 2%, reaching a high of $22.70. The company is reportedly collaborating with Barclays to explore potential buyers for its Versace and Jimmy Choo brands. Discussions are still in the early stages, and the exact terms of the potential sale remain unclear.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.