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Capri Holdings completes acquisition of Italian shoemaker Sicla to bolster production capabilities

PUBLIC · CPRIMar 27, 2024

Acquiring Company

Capri Holdings Limited

Acquired Company

Sicla

United KingdomMontevarchiSoftwareMobileE CommerceFashionRetailLifestyleManufacturingFashion

Description

Capri Holdings, the American fashion conglomerate, has successfully acquired Sicla, an Italian shoemaker known for producing footwear for luxury brands. This acquisition strengthens Capri's production capabilities and emphasizes its commitment to enhancing operational efficiency and product quality.

Quick answer

Capri Holdings Limited is acquiring Sicla, announced March 27, 2024. Capri Holdings Limited is based in United Kingdom.

How much did Capri Holdings Limited pay for Sicla?
The deal value was not disclosed.
What does Capri Holdings Limited do?
Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors.
Where are Capri Holdings Limited and Sicla based?
Capri Holdings Limited is based in United Kingdom. Sicla is based in Montevarchi, Tuscany, Italy.
Who are the decision-makers at Capri Holdings Limited?
Fundz holds 1 contact at Capri Holdings Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Capri Holdings Limited

Location

United Kingdom

About

Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

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Frequently asked

Who acquired Sicla?

Sicla was acquired by Capri Holdings Limited, based in United Kingdom. The deal was reported on March 27, 2024. Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Capri Holdings Limited is publicly traded (CPRI) and operates in Software.

When did Capri Holdings Limited acquire Sicla?

Capri Holdings Limited's acquisition of Sicla was reported on March 27, 2024. Capri Holdings, the American fashion conglomerate, has successfully acquired Sicla, an Italian shoemaker known for producing footwear for luxury brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sicla do?

Sicla is an Italian shoemaker founded in 1979 by Enzo Donnini, renowned for producing footwear for luxury brands. The company is located in the Valdarno region, known for its rich heritage in shoe manufacturing, and employs close to 250 skilled artisans. It is privately held, operating in Manufacturing, and is based in Montevarchi.

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