News

Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...
Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...
Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...
In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
Capri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
The Associated Press on MSN13d
Italian fashion house Versace sold to rival
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
Capri Holdings Limited CPRI has entered into a definitive agreement to sell its Italian luxury fashion house Versace to Prada S.p.A. for $1.375 billion in an all-cash transaction. This significant ...
Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...
Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the brands announced Thursday. The deal is part of a series of shakeups at ...