High-end fashion company Capri Holdings (CPRI) is seeing stock gains in Monday’s pre-market upon reports that it could sell its Versace brand to Prada (1913.HK) for $1.6 billion, according to Bloomberg. Morning Brief co-hosts Seana Smith and Brad Smith report more on this headline while commenting on the state of the luxury consumer. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
Yahoo! Finance: CPRI News
