Capri Holdings

CPRI

Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands, with executive offices in London and operational offices in New York. It was founded in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. Michael Kors handbags have been a popular fashion trend among women of all ages. In 2015, the company had more than 550 stores and over 1500 in-store boutiques in various countries.

Capri Holdings has been a target of short sellers for a while. The current short interest of 10.05% is roughly at the average of the last 12 months (8.37%).