While fashion insiders continued to wonder over the abrupt switch at Capri Holdings — Wall Street is settling into the change and maybe sensing opportunity.
“We believe investors had been excited for Mr. Schulman’s assumption of leadership and now await clarity around next steps,” Siegel said.
That’s a reference to the start and stop at Ralph Lauren Corp. that saw Stefan Larsson succeed the namesake founder, then clash with him and move on, after a while to lead PVH Corp. .
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