Capri Holdings’ interim CFO Rajal Mehta reported compensation-related equity activity on January 2, 2026. Mehta exercised 3,235 restricted share units, receiving the same number of ordinary shares at an exercise price of 0.0000 per share. A separate entry shows 1,363 ordinary shares were withheld at 24.3900 per share to cover tax obligations upon vesting, rather than being sold in the market.
Following these transactions, Mehta held 2,613 ordinary shares directly. The filing also shows remaining unvested restricted share units that can settle into 28,736, 2,716 and 4,687 underlying ordinary shares, subject to time-based vesting schedules under the company’s omnibus incentive plan.
Capri Holdings Limited has appointed Tyler Reddien as Chief Financial Officer and Chief Operating Officer, effective March 30, 2026. He joins from senior finance and operations roles at The Body Shop, Natura &Co, Hertz and United Airlines, bringing broad transformation and performance-improvement experience.
Under his employment agreement, Mr. Reddien will receive a base salary of $700,000 and annual cash incentives targeted at 100% of salary, with a 200% maximum based on performance. He will receive a new-hire RSU grant valued at about $500,000 and a June 2026 long-term incentive award targeted at about $1,500,000, both under Capri’s omnibus incentive plan.
The package includes up to $185,000 for relocation to the New York area, potential return-relocation support, and one year of salary, benefits and a prorated target bonus if he is terminated without cause or resigns for good reason. A separate change-in-control agreement provides a double-trigger severance of two times salary plus target bonus, a prorated bonus, 24 months of health coverage and up to $25,000 of outplacement if his role ends under specified conditions after a change in control. Interim CFO Rajal Mehta will return to his prior role as Michael Kors brand CFO.
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 14,340,236.90 shares of Capri Holdings Ltd common stock, representing 12.0% of the class as of the December 31, 2025 event date.
FMR LLC reports sole voting power over 13,170,438.72 shares and sole dispositive power over 14,340,236.90 shares. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 14,340,236.90 shares, but no voting power. The filing notes that one or more other persons have rights to dividends or sale proceeds, though no such person holds more than five percent of the class. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Capri Holdings.
Capri Holdings Limited reported quarterly results that reflect a major portfolio shift after selling its Versace business and focusing on the Michael Kors and Jimmy Choo brands. For the quarter ended December 27, 2025, continuing operations generated revenue of $1,025 million compared with $1,068 million a year earlier, while income from continuing operations rose to $57 million from $6 million, helped by lower impairment charges and tighter costs.
Including discontinued operations, net income attributable to Capri was $116 million, versus a loss of $547 million in the prior-year quarter that had included large Versace impairments. On December 2, 2025 Capri completed the sale of Versace for net consideration of about $1,365 million, recording a preliminary gain of $45 million and using proceeds to significantly reduce term loans, cutting long-term debt from $1,466 million to $224 million. Cash from continuing operations was $258 million for the nine months, and as of January 29, 2026 Capri had 119,161,865 ordinary shares outstanding.
Capri Holdings Limited furnished a current report that includes a press release with its unaudited financial results for the third fiscal quarter ended December 27, 2025. The press release is attached as Exhibit 99.1 and is designated as furnished, not filed, under the Securities Exchange Act. The report is signed on behalf of Capri Holdings Limited by Interim Chief Financial Officer Rajal Mehta.
Capri Holdings Ltd reported an insider equity transaction by its Chairman & CEO and Director on 12/19/2025. The filing shows the conversion of 13,164 restricted share units (RSUs) into ordinary shares at an exercise price of $0, followed by the disposition of 13,164 ordinary shares at $25.25 per share to cover FICA and other tax withholding obligations under the company’s incentive plan. After these transactions, the reporting person directly beneficially owned 2,202,645 ordinary shares and held multiple RSU awards that settle one ordinary share for each vested RSU. The filing notes that this total excludes 54,600 ordinary shares held by the Idol Family Foundation, for which the reporting person may be deemed to have beneficial ownership but no pecuniary interest.
Capri Holdings Ltd. interim CFO Rajal Mehta reported a sale of 10,000 ordinary shares on December 9, 2025 at a weighted average price of $25.961 per share. After this sale, Mehta directly beneficially owns 741 ordinary shares.
The filing also shows several grants of restricted share units (RSUs) with no exercise price, all issued under the Capri Holdings Limited Omnibus Incentive Plan. These RSUs cover 2,716, 4,687, 9,704 and 28,736 underlying ordinary shares that vest in annual installments from 2024 through 2028, generally contingent on continued employment or earlier vesting in cases such as death, permanent disability or retirement eligibility.
A shareholder of CPRI has filed a notice to sell 10,000 shares of the company’s common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of 259,610.00. The planned sale date is listed as 12/09/2025. The shares were acquired as restricted stock vesting under a registered plan from the issuer between 06/17/2022 and 06/15/2025 in several service-based vesting events.
The table notes that 119,143,278 shares of this class of stock were outstanding, which serves as a baseline for the company’s equity. The person signing the notice represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Capri Holdings Limited completed the previously announced sale of subsidiaries that operate its Versace business to Prada S.p.A for an aggregate cash purchase price of $1.375 billion, subject to customary adjustments for net indebtedness, working capital and transaction expenses. The deal was executed under a stock purchase agreement originally signed in April 2025 and marks Capri’s full exit from operating the Versace business.
Capri also approved a $325,000 retention and performance bonus for Chief Legal and Sustainability Officer Krista McDonough, paid in a lump sum to recognize her work on the Versace sale and to encourage her continued employment. She must repay the gross bonus if she resigns without good reason or is terminated for cause within 12 months after payment, although this repayment obligation ends if there is a change in control of the company. Capri provided unaudited pro forma financial statements reflecting the Versace sale.
Capri Holdings (CPRI) filed its quarterly report, showing lower sales and a small loss as it continues its portfolio shift. For the quarter ended September 27, 2025, total revenue was $856 million versus $878 million a year ago. From continuing operations, Capri reported a net loss of $34 million, with total net loss of $28 million and diluted EPS of $(0.22) compared to $0.20 last year.
Six-month revenue was $1.653 billion versus $1.726 billion, with net income of $25 million. Operating cash flow was $(13) million from continuing operations and $(47) million from discontinued operations. Debt rose, with long-term debt at $1.753 billion and total liabilities at $5.687 billion. Shareholders’ equity was $(70) million, driven largely by a swing in accumulated other comprehensive income.
Capri classified Versace as discontinued operations and held for sale, tied to a pending $1.375 billion cash sale to Prada, with Versace assets held for sale of $2.161 billion. The company recorded modest restructuring charges under its Global Optimization Plan and closed additional stores. As of October 29, 2025, Capri had 119,143,278 ordinary shares outstanding.