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In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
3d
Interaksyon on MSNCapri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce SalesMichael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...
Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...
Following the Versace sale to Prada, Capri Holdings reaffirms its commitment to strategic investments in Michael Kors and ...
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
7d
Retail Insight Network on MSNPrada agrees to buy Versace from Capri in $1.38bn cash dealCapri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
Capri is led by Michael Kors (68% of fiscal 2024 sales), a major brand in the attractive midtier handbag market. However, we believe it lacks the brand strength to provide an economic moat for ...
Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion ...
Meanwhile, in a rare move for a luxury brand and a signal that Capri is putting less emphasis on an upscale image for Michael Kors, Capri in March launched its first official Amazon storefront for ...
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