secwatch / observer

Capri Holdings Ltd — fact timeline

Source-grounded facts extracted from Capri Holdings Ltd's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CPRI Capri Holdings Ltd JSON

Stephen Reitman departed as Director at Capri Holdings Ltd.

“Stephen Reitman expressed his intention to not stand for re-election to the Board of Directors of Capri Holdings Limited (the "Company") at the 2026 Annual Meeting of Shareholders (the "2026 Annual Meeting") of the Company, and his term will therefore end at the conclusion of the 2026 Annual Meeting on July 29, 2026”
Earnings Releases

Capri Holdings Ltd reported fourth quarter and full year Fiscal 2026 ended March 28, 2026 results: revenue $796 million, net income Net loss was immaterial, or $(0.01) per diluted share, EPS $(0.01) per diluted share.

“Total revenue of $796 million decreased 3.7% compared to last year.”
M&A Transactions

Capri Holdings Ltd completed a disposition involving Prada S.p.A for $1.375 billion in cash (closed 2025-12-02).

“Capri Holdings Limited (“the Company”) completed the previously disclosed sale of certain subsidiaries of the Company which operated its Versace business to Prada S.p.A (“Prada”) for an aggregate purchase price of $1.375 billion in cash”

Rajal Mehta was appointed as Interim Chief Financial Officer at Capri Holdings Ltd.

“The Company has appointed Rajal Mehta as Interim Chief Financial Officer effective upon Mr. Edwards’ departure.”

Thomas J. Edwards, Jr. resigned as Executive Vice President, Chief Financial Officer and Chief Operating Officer at Capri Holdings Ltd.

“On March 27, 2025, Thomas J. Edwards, Jr., Executive Vice President, Chief Financial Officer and Chief Operating Officer of Capri Holdings Limited (the “ Company ”) notified the Company of his decision to resign from his position, effective June 20, 2025, to pursue another opportunity.”
Earnings Releases

Capri Holdings Ltd reported third fiscal quarter ended December 30, 2023 results: revenue $1.43 billion, net income $105 million, EPS $0.88 per diluted share.

“of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings Third Quarter Fiscal 2024 Results • Total revenue of $1.43 billion decreased 5.6% compared to last year. On a constant currency basis, total revenue decreased 6.6%. Total company retail sales declined in the mid-single-d igits with trends being”
Earnings Releases

Capri Holdings Ltd reported second fiscal quarter ended September 30, 2023 results: revenue $1.29 billion, net income $90 million, EPS $0.77 per diluted share.

“Total revenue of $1.29 billion decreased 8.6% compared to last year.”
Shareholder Votes

Capri Holdings Ltd shareholders approved Advisory (nonbinding) approval of compensation that may be paid or become payable to named executive officers based on or relating to the Merger Agreement at the 2023-10-25 meeting.

“Proposal No. 2 – The Company’s shareholders approved, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the Merger Agreement and the transactions contemplated by the Merger Agreement. VOTES FOR VOTES AGAINST ABSTENTIONS 59,552,370 28,138,986 1,304,253”
Shareholder Votes

Capri Holdings Ltd shareholders approved Adopt the resolution authorizing the Merger Agreement at the 2023-10-25 meeting.

“Proposal No. 1 – The Company’s shareholders adopted the resolution authorizing the Merger Agreement. VOTES FOR VOTES AGAINST ABSTENTIONS 88,676,168 123,823 195,618”
Earnings Releases

Capri Holdings Ltd reported first fiscal quarter ended July 1, 2023 results: revenue $1.23 billion, net income $48 million, or $0.41 per diluted share, EPS $0.74 per diluted share.

“of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings First Quarter Fiscal 2024 Results • Total revenue of $1.23 billion decreased 9.6% compared to last year. On a constant currency basis, total revenue decreased 9.3%. • Gross profit was $812 million and gross margin was 66.1%, c ompared to $901”
Material Agreements

Capri Holdings Ltd entered into Agreement and Plan of Merger with Tapestry, Inc. valued at $57.00 per ordinary share, all-cash consideration (effective 2023-08-10).

“On August 10, 2023, Capri Holdings Limited (" Capri ") entered into an Agreement and Plan of Merger (the " Merger Agreement ") with Tapestry, Inc., a Maryland corporation (" Tapestry "), and Sunrise Merger Sub, Inc., a British Virgin Islands business company limited by shares and a direct wholly owned subsidiary of Tapestry (" Merger Sub ").”
Shareholder Votes

Capri Holdings Ltd shareholders approved Advisory vote on executive compensation at the 2023-08-02 meeting.

“Proposal No. 3 (Say on Pay) – The compensation of the Company’s named executive officers was approved, on a non-binding advisory basis, by the number of votes set forth below: NUMBER OF SHARES VOTED FOR AGAINST ABSTAIN BROKER NON-VOTES 97,338,546 90,295,109 6,889,771 153,666 6,357,300”
Shareholder Votes

Capri Holdings Ltd shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-08-02 meeting.

“Proposal No. 2 (Ratification of Independent Registered Public Accounting Firm) – The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 30, 2024 was approved by the number of votes set forth below: NUMBER OF SHARES VOTED FOR AGAINST ABSTAIN BROKER NON-VOTES 103,695,846 103,081,245 576,866 37,735 0”
Shareholder Votes

Capri Holdings Ltd shareholders approved Election of Class III Directors at the 2023-08-02 meeting.

“Proposal No. 1 (Election of Directors) – The appointment of three Class III directors to serve until the 2026 annual meeting of shareholders and until the election and qualification of their respective successors in office was approved by the number of votes set forth below: NAME NUMBER OF SHARES VOTED FOR AGAINST ABSTAIN BROKER NON-VOTES John D. Idol 97,338,546 94,833,255 2,309,994 195,297 6,357,300 Robin Freestone 97,338,546 94,333,947 2,877,667 126,932 6,357,300 Mahesh Madhavan 97,338,546 96,683,766 527,652 127,128 6,357,300”
Earnings Releases

Capri Holdings Ltd reported fourth fiscal quarter and fiscal year ended April 1, 2023 results: revenue $1.335 billion, net income $(0.28) per diluted share, EPS $0.97 per diluted share.

“Total revenue of $1.335 billion decreased 10.5% compared to last year.”

Mahesh Madhavan was appointed as Director at Capri Holdings Ltd.

“On March 29, 2023, the Board of Directors (the “Board”) of Capri Holdings Limited (the “Company”) appointed Mahesh Madhavan to the Board and designated him as a member of the Compensation and Talent Committee and the Governance, Nominating and Corporate Social Responsibility Committee with effect from March 30, 2023.”
Earnings Releases

Capri Holdings Ltd reported third fiscal quarter ended December 31, 2022 results: revenue $1.51 billion, net income $225 million, EPS $1.84 per diluted share. Guidance lowered.

“of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings Third Quarter Fiscal 2023 Results: • Total revenue of $1.51 billion decreased 6.0% compared to last year. On a constant currency basis, total revenue decreased 0.5%. • Gross profit was $1.01 billion and gross margin was 66.5%, c ompared to $1.05”

Cedric Wilmotte was appointed as Chief Executive Officer of Michael Kors at Capri Holdings Ltd.

“On January 23, 2023, Capri Holdings Limited (“ Capri ”) announced that Cedric Wilmotte is being appointed Chief Executive Officer of Michael Kors effective April 3, 2023 (the “ Commencement Date ”).”
Debt Financings

Capri Holdings Ltd incurred term loan of EUR 450 million with Intesa Sanpaolo S.p.A., Banco Nazionale del Lavoro S.p.A., and UniCredit S.p.A., as arrangers and lenders, and Intesa Sanpaolo S.p.A., as agent at greater of EURIBOR for the applicable interest period and zero, plus a margin of maturing December 5, 2025.

“On December 5, 2022, Gianni Versace S.r.l., a wholly owned subsidiary of Capri Holdings Limited (the “Company”), entered into a credit facility (the “2022 Versace Credit Facility”) with Intesa Sanpaolo S.p.A. , Banco Nazionale del Lavoro S.p.A., and UniCredit S.p.A., as arrangers and lenders, and Intesa Sanpaolo S.p.A., as agent, which provides a senior unsecured term loan in an aggregate principal amount of EUR 450 million. The term loan is not subject to required amortization and matures on December 5, 2025. The Company provides an unsecured guaranty of the 2022 Versace Credit Facility (the “Parent Guarantee”). The term loan under the 2022 Versace Credit Facility bears interest at a rate per annum equal to the greater of EURIBOR for the applicable interest period and zero, plus a margin of 1.35%.”
Material Agreements

Capri Holdings Ltd entered into Parent Company Guarantee with Banca Nazionale del Lavoro S.p.A., Intesa Sanpaolo S.p.A. and UniCredit S.p.A. (effective 2022-12-05).

“10.2 Parent Company Guarantee by and among Capri Holdings Limited, as guarantor, Banca Nazionale del Lavoro S.p.A., Intesa Sanpaolo S.p.A. and UniCredit S.p.A., dated as of December 5, 2022.”
Material Agreements

Capri Holdings Ltd entered into Term Facility Agreement with Banca Nazionale del Lavoro S.p.A., Intesa Sanpaolo S.p.A. and UniCredit S.p.A. valued at EUR 450,000,000 (effective 2022-12-05).

“10.1 Term Facility Agreement by and among Gianni Versace S.r.l., as borrower, Intesa Sanpaolo S.p.A., Banca Nazionale Del Lavoro S.p.A. and UniCredit S.p.A., as arrangers and lenders, and Intesa Sanpaolo S.p.A., as agent, dated as of December 5, 2022.”
Earnings Releases

Capri Holdings Ltd reported second quarter of Fiscal 2023 ended October 1, 2022 results: revenue $1.41 billion, net income $224 million, EPS $1.79 per diluted share. Guidance reaffirmed.

“of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings Second Quarter Fiscal 2023 Results: • Total revenue of $1.41 billion increased 8.6% compared to last year. On a constant currency basis, total revenue increased 17.5%. • Gross profit was $951 million and gross margin was 67.4% , compared to $884”

Daniel Purefoy departed as Senior Vice President, Global Operations and Head of Diversity & Inclusion at Capri Holdings Ltd.

“Daniel Purefoy, Senior Vice President, Global Operations and Head of Diversity & Inclusion informed Capri Holdings Limited (the “Company”) that he would be leaving the company to pursue other opportunities.”

Joshua Schulman departed as Chief Executive Officer of Michael Kors at Capri Holdings Ltd.

“On March 7 , 2022, Capri Holdings Limited (the “Company”) announced that Joshua Schulman, Chief Executive Officer of Michael Kors, will depart from the Company, effective as of that same date”

Joshua Schulman changed role as Chief Executive Officer of the Company at Capri Holdings Ltd.

“immediately following the earlier of (i) September 1, 2022 and (ii) the date that the Current CEO of Capri (as defined in the Schulman Employment Agreement) ceases to hold that position for any reason, Mr. Schulman will be promoted to the position of Chief Executive Officer of the Company”

Joshua Schulman was appointed as Chief Executive Officer of Michael Kors at Capri Holdings Ltd.

“Joshua Schulman is being appointed to the newly-created role of Chief Executive Officer of Michael Kors effective that same date (the “ Commencement Date ”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.