News

This is not the first time Capri is looking at a divestiture. The company earlier agreed to sell Versace, Michael Kors, and Jimmy Choo to Tapestry, Inc. (TPR) for $8.5 billion. However, after ...
Back in 2016, I bought my first pair of Jimmy Choos, classic black pumps. I gifted them to myself when I graduated college ...
Telsey Advisory Group analyst Dana Telsey reiterated the Market Perform rating on Capri Holdings Limited (NYSE:CPRI), raising ...
Capri Holdings, the London luxury retailer that houses the Michael Kors, Jimmy Choo and Versace brands, cut its fiscal 2026 ...
The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy ...
Shares in Capri Holdings, which last month struck a deal to sell its Versace luxury brand, are dropping in premarket trading ...
The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).
Capri has reached a deal to sell Versace to its peer Prada in a $1.375 billion cash deal, in a transaction set to close in the second half of the year. This marks a painful turnaround after the ...
Versace is heading home to Italy. Prada Group has acquired the storied Italian fashion house from Capri Holdings, the companies announced today, for €1.25 billion pending approval.
Since Capri Holdings put Versace on the market in December, the questions have been all about what happens to the always flashy yet beleaguered Italian luxury mainstay. Who buys the brand?
Capri Holdings has ended a ‘challenging year’ with steep declines and earnings guidance revised downwards. But it’s ...
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 ...