Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt and potentially initiating ...

Fashion conglomerate Capri Holdings (CPRI) has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion, a deal that had been anticipated but reportedly had been at risk of ...

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Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $17 from $23 and keeps a Market Perform rating on the shares. The firm sees the sale of Versace as an “appropriate step” ...

Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel and accessories and men's apparel. It operates through the ...

Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $17 from $23 and keeps a Market Perform rating on the shares. The firm sees the sale of Versace as an “appropriate ...

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 5.5% ...

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 said the ...

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

The biggest luxury deal so far in 2025 has seen Capri Holdings, the parent company of major luxury brands Michael Kors, Versace and Jimmy Choo, enter into an agreement to sell Versace to the Prada ...

The deal was reportedly stuck in limbo and on the verge of collapse due to the market spontaneity caused by President Donald Trump’s tariffs.

MILAN — After months of speculation, Prada finally confirmed it is acquiring 100 percent of Versace from Capri Holdings for 1.25 billion euros. On Thursday, the day Prada’s exclusive talks with Capri ...