---
title: "The rating of Versace's parent company has been downgraded to junk status by S&P"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229064384.md"
description: "S&P downgraded the rating of fashion luxury accessories, footwear, watches, jewelry, and perfume retailer Capri Holdings Ltd. (CPRI) to junk status. The parent company of Versace, Capri (CPRI), saw its intraday decline widen to 4%"
datetime: "2025-02-20T17:41:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229064384.md)
  - [en](https://longbridge.com/en/news/229064384.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229064384.md)
generator: "portal-rs"
---

# The rating of Versace's parent company has been downgraded to junk status by S&P

S&P downgraded the rating of fashion luxury accessories, footwear, watches, jewelry, and perfume retailer Capri Holdings Ltd. (CPRI) to junk status.

The parent company of Versace, Capri (CPRI), saw its intraday decline widen to 4%

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**