Capri Holdings Summary NYSE:CPRI
- Ronald van Rensburg
- Mar 5
- 1 min read
If you are a supporter of Michael Kors or want to add Capri Holdings to your portfolio then you need to hear this.
Capri Holdings started its journey in 1981 by Michael Kors. From dropping out of fashion school and starting as a sales rep, he has managed to acquire a conglomerate of the biggest names in luxury, where its strength lies in the unique conglomerate with each brand focusing on a different target market, from sportswear and travel to red carpet, dressing celebrities and successfully pairing accessories with various styles.
Now, each brand is founder-led. Versace with Donatella Versace, Choo’s protege and niece Sandra Choi for Jimmy Choo and Michael Kors himself for Michael Kors, who has always maintained the drive to not accept failure.
Capri’s strategy is to tap more into men's fashion, increase sales in accessories, and to establish a stronger sense of community while growing the individual brand codes.
Lastly they have made a global call to action to reduce inequality by promoting diversity and reducing global poverty.
With interest shown from both Tapestry and Prada to buy a piece of Capri, as a $2.5 billion publicly listed company it only reflects the true value that has been built.
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