News

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
Fashion executive John Idol sold Versace to Prada for $US1.38 billion ($2.2 billion), a roughly $US700 million loss.
Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
The price Prada has agreed to pay for Versace is a big discount to the roughly $2.15 billion including debt that Capri paid ...
Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...
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 is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada ...