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(CPRI) Surged On Thursday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2519181368","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519181368?lang=en_us&edition=fundamental","pubTime":"2025-03-14 09:42","pubTimestamp":1741916524,"startTime":"0","endTime":"0","summary":"We recently published a list of These 10 Stocks Defied Thursday’s Slump. In this article, we are going to take a look at whereCapri Holdings Ltd. stands against other stocks that defied Thursday’s slump.The stock market ended in the red territory anew on Thursday following a fresh wave of uncertainties and reports of a looming government shutdown that rattled investors.The Dow Jones dropped by 1.30 percent, while the S&P 500 and Nasdaq declined by 1.39 percent and 1.96 percent, respectively.Meanwhile, investors took refuge in 10 companies, predominantly mining firms, to mitigate the risks from the macroeconomic threats.In this article, we have listed the 10 strongest stocks and detailed the reasons behind their performance.Capri Holdings grew its share prices by 8.42 percent on Thursday to end at $21.12 apiece as investors reacted to a management shakeup in the Versace brand amid reports that the latter is nearing a merger with Prada.Disclosure: None. This article is originally publish","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-capri-holdings-ltd-cpri-014204372.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4202","CPRI"],"gpt_icon":0},{"id":"2519289551","title":"Inside the Versace Clash Between Donatella and the 'American Cowboy' CEO -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2519289551","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519289551?lang=en_us&edition=fundamental","pubTime":"2025-03-14 07:11","pubTimestamp":1741907460,"startTime":"0","endTime":"0","summary":"Donatella Versace's decision to step aside as the creative director of the fashion house she inherited followed tensions between the Italian designer and the U.S. corporate chief who was trying to pump up sales by toning down her designs.On Thursday, the company said Donatella, 69 years old, would be replaced after nearly three decades and just weeks after showing her latest vibrant designs on a Milan runway. The change comes as her American boss, John Idol, is exploring a potential sale of Versace. Italian rival Prada is interested, people familiar with the situation said.Idol, a businessman who had built Michael Kors into a global brand, took over family-run Versace in a more than $2 billion deal in 2018. It was the centerpiece of his ambition to turn the company he runs, Capri Holdings, into a U.S. fashion conglomerate on par with European luxury houses. Idol told investors that Versace would more than double its annual revenue.Donatella respected Idol's business acumen but felt he ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CPRI","BK4107","BK4117","AFG","BK4202"],"gpt_icon":0},{"id":"2519656088","title":"Capri Shares Rise After Donatella Versace's Plan to Change Role at Family's Fashion House","url":"https://stock-news.laohu8.com/highlight/detail?id=2519656088","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519656088?lang=en_us&edition=fundamental","pubTime":"2025-03-14 03:19","pubTimestamp":1741893540,"startTime":"0","endTime":"0","summary":"Shares of Versace-owner Capri Holdings climbed after the company said Donatella Versace would step down as chief creative officer of her family's high-end fashion house following nearly three decades in the role.The stock was up 8.3%, to $21.09, in afternoon trading Thursday. Shares have edged lower since the beginning of the year and lost more than half their value in the past 52 weeks.Dario Vitale, the former design and image director at Miu Miu, is expected to succeed Donatella Versace as Versace's chief creative officer, effective April 1. At that time, Donatella Versace will transition to the role of chief brand ambassador, supporting the brand's philanthropic and charitable projects.The transition comes amid declining demand for luxury brands' high-priced apparel and accessories, which has prompted companies across the sector to switch up their operations. Gucci, owned by Kering, replaced its creative director last month, joining a string of other brands that have recently replac","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CPRI","BK4202"],"gpt_icon":0},{"id":"2519857257","title":"BUZZ-Capri rises as Donatella Versace's exit spurs brand sale talks","url":"https://stock-news.laohu8.com/highlight/detail?id=2519857257","media":"Reuters","labels":["executive","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519857257?lang=en_us&edition=fundamental","pubTime":"2025-03-14 01:34","pubTimestamp":1741887283,"startTime":"0","endTime":"0","summary":"BUZZ-Capri rises as Donatella Versace's exit spurs brand sale talks** Shares of Versace owner Capri Holdings CPRI.N up 6% at $20.66** Versace brand's chief creative officer Donatella Versace is to step down and former Prada's 1913.F Miu Miu executive Dario Vitale will take over role on April 1, Capri says ** Donatella's exit spurred talks of Versace's acquisition by Prada ** This follows reports that Prada is moving closer to a deal to buy Versace from Capri after agreeing to a price of nearly 1.5 billion euros ** \"I don't know if bringing in Dario Vitale is directly related to the potential sale to Prada, but it seems like it makes it even more likely\" — Morningstar analyst David Swartz** \"Attracting Vitale as the chief creative officer could make Versace more attractive to Prada and, potentially, increase the selling price,\" he adds** Earlier this year, sources told Reuters that Capri had been working with Barclays to explore a sale of its Versace and Jimmy Choo brands** CPRI down ab","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nL4N3PW1DT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0047473722.SGD","LU1023061713.HKD","LU1078025761.USD","LU0550127509.SGD","LU1791807156.HKD","LU0345777659.USD","LU0997586606.USD","LU0161305163.EUR","LU1668664300.SGD","CPRI","BK4202","BARC.UK","BK5152","LU0345777147.USD","LU1064927863.SGD","LU0048578792.EUR","LU0106831901.USD","LU0047473722.EUR","LU1023061473.USD","LU0171281750.USD","LU1035777561.USD","LU0964806797.USD"],"gpt_icon":0}],"pageSize":4,"totalPage":50,"pageCount":1,"totalSize":200}]}}