Strategic Diversification

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Business

Capri Holdings Charts Turnaround Path After Versace Sale, Eyes 2027 Growth

Capri Holdings reports mixed Q3 FY2026 results, with Michael Kors revenue down but showing sequential improvement, while Jimmy Choo posts a 5% gain. The company, now streamlined after the Versace divestiture, outlines a strategic pivot focused on full-price sales, brand storytelling, and debt reduction, forecasting a return to growth next fiscal year.

Business

General Mills Navigates Dual Challenges: Board Refresh Amid Expanded Product Recall

General Mills faces a pivotal moment as it appoints a new independent director and updates governance bylaws, while simultaneously expanding a voluntary recall of Pillsbury Pizza Pops in Canada over potential E. coli contamination. These parallel developments underscore the balancing act between strategic oversight and operational risk management for the consumer staples giant.