The U.S. fashion group is calling the $1.375 billion move a key step toward reducing debt as it refocuses on the remainder of its portfolio.
Capri Holdings is left with British footwear label Jimmy Choo and U.S. fashion brand Michael Kors. Image credit: Capri Holdings {"ct":"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","iv":"854cb07d74fd24fe14e1b7a2c0ba976e","s":"6d01292acdd415a4"}Moncler returns to the slopes for Grenoble campaign.
Capri Holdings is left with British footwear label Jimmy Choo and U.S. fashion brand Michael Kors. Image credit: Capri Holdings{"ct":"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","iv":"854cb07d74fd24fe14e1b7a2c0ba976e","s":"6d01292acdd415a4"}Moncler returns to the slopes for Grenoble campaign
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