Capri Holdings slides after Donatella Versace apologizes to China for selling t-shirts listing Hong Kong as a separate country

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Capri Holdings slides after Donatella Versace apologizes to China for selling t-shirts listing Hong Kong as a separate country
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'Never had I wanted to disrespect China's national sovereignty and this is why I wanted to personally apologize,' wrote Versace on Twitter.

Shares of Versace parent Capri Holdings sank Monday for a second-straight session following backlash over a t-shirt that appeared to list Hong Kong as a country independent from China. Donatella Versace, the brand's chief creative officer, had apologized on Sunday in a signed tweet. This happened amid intense protests in Hong Kong as the city fights for independence from China. Watch Capri Holdings trade live on Markets Insider.

Shares of Versace parent Capri Holdings sank Monday for a second-straight session following backlash over a t-shirt that appeared to list Hong Kong as a country independent from China. Donatella Versace, the brand's chief creative officer, had apologized on Sunday in a signed tweet. This happened amid intense protests in Hong Kong as the city fights for independence from China. Watch Capri Holdings trade live on Markets Insider.

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