1428 ET - Capri Holdings will likely not pursue a sale of Jimmy Choo, one of the two remaining brands in its portfolio, Jefferies analysts say in a research note. Management believes it remains a valuable asset with some category synergies, the analysts say. Overall, Capri will look to use part of proceeds for Michael Kors investments, though the turn around for the brand remains difficult in the current challenging macroeconomic environment, the analysts add. Capri shares drop 9.2% to $14.86. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 10, 2025 14:28 ET (18:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。