The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

The owner of Versace jumped on Monday following a report that Prada was moving closer to a deal for the Italian fashion brand. Capri Holdings, which also owns Jimmy Choo and Michael Kors ...

Shares of Capri, the parent of the Michael Kors and Jimmy Choo brands, had soared last week on a Bloomberg report that Prada agreed to pay nearly 1.5 billion euros ($1.6 billion) for the luxury ...

Sokolova touted Prada’s expertise in running luxury brands that Capri Holdings “lacks in comparison. Not to forget that Capri’s performance has been weak as of late and may remain so if ...

Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels. The deal to unite the two Italian brands has an estimated value of ...

ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable ...

ROME -- The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names ...

(Capri didn’t acknowledge a sale process even existed until the deal with Prada was announced.) While bids came in and Prada won an exclusive negotiating period, when the deal finally came ...

Capri Holdings (CPRI) announced that it has entered into a definitive agreement to sell Versace to Prada (PRDSY) for $1.38B in cash subject to certain adjustments. The transaction is expected to ...

Shares of Capri Holdings rose Wednesday after The Wall Street Journal reported that talks to sell its Versace brand to Prada are at risk of collapsing amid a market in turmoil. The stock was up 5. ...

11:25 EDT Prada (PRDSY) deal for Capri’s Versace ‘at risk of collapsing,’ WSJ reports Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in ...