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).

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...

Capri Holdings, which owns luxury brands such as Versace, Michael Kors and Jimmy Choo, has disclosed total revenue of $1.04bn ...

Capri Holdings gets price forecast boost as analyst sees long-term margin gains from brand shifts, but flags tariff-driven ...

The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy ...

Telsey Advisory Group analyst Dana Telsey reiterated the Market Perform rating on Capri Holdings Limited (NYSE:CPRI), raising ...

Shares of Capri Holdings rose after the luxury company said it was well-positioned to return to growth in fiscal year 2027 and beyond. Shares of the London luxury retailer climbed 4.5% to $18.34 ...

Capri Holdings has ended a ‘challenging year’ with steep declines and earnings guidance revised downwards. But it’s ...

By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York ...