Geoffroy Van Raemdonck Returns To Rescue Saks Global Post-Bankruptcy [Forbes]
Capri Holdings Limited Ordinary Shares (CPRI)
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am
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Source: Forbes
Geoffroy van Raemdonck, who previously saved Neiman Marcus, is now CEO, tasked with revitalizing Saks, Neiman Marcus, and Bergdorf Goodman with $1.75 billion in financing. Amazon has objected to the bankruptcy proceedings. NEW YORK, NEW YORK - OCTOBER 25: Geoffroy van Raemdonck attends the 2022 WWD Honors at Cipriani South Street on October 25, 2022 in New York City. (Photo by Dimitrios Kambouris/WWD via Getty Images) ... More WWD via Getty Images Saks Global's day of reckoning came on Wednesday—just a little over a year after its doomed $2.7 billion acquisition of Neiman Marcus and Bergdorf Goodman. With its back against the wall after missing a $100 million debt payment, Saks filed for Chapter 11 bankruptcy protection in the Southern District of Texas. To move forward, it has secured a $1.75 billion financial commitment, including $1 billion in debtor-in-possession financing from an ad hoc group led by Pentwater Capital and Bracebridge Capital, plus $240 million in lender
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CPRI
News
- Assessing Capri Holdings (CPRI) Valuation After Mixed Recent Returns And Modest Undervaluation Estimate [Yahoo! Finance]Yahoo! Finance
- Geoffroy Van Raemdonck Returns To Rescue Saks Global Post-Bankruptcy [Forbes]Forbes
- Saks Global Files For Chapter 11 Bankruptcy — Here's What This Means For Shoppers [Yahoo! Finance]Yahoo! Finance
- Saks Global Reveals Top 30 Unsecured Creditors, Chanel Hit Hardest in Bankruptcy [Yahoo! Finance]Yahoo! Finance
- Capri (NYSE:CPRI) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $24.00 price target on the stock.MarketBeat
CPRI
Earnings
- 11/4/25 - Miss
CPRI
Sec Filings
- 12/22/25 - Form 4
- 12/10/25 - Form 4
- 12/9/25 - Form 144
- CPRI's page on the SEC website