News

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
Capri Holdings (NYSE:CPRI) rose 5% amid reports that Prada (OTCPK:PRDSF) is close to acquiring the Versace brand for about $1 ...
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...
Capri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
Global luxury fashion group Capri has agreed to divest the Versace brand to Italian fashion group Prada for $1.38bn in cash. The agreement is contingent on regulatory approvals and standard ...