News

Capri Holdings Limited CPRI has entered into a definitive agreement to sell its Italian luxury fashion house Versace to Prada ...
Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...
The move brings together two major Italian fashion brands and is expected to strengthen Prada’s position in the luxury market ...
Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...
Capri Holdings trades at a discount after shedding Versace, though China tariffs and weak leadership cloud the outlook. See ...
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...
Prada (PRDSY) is closing in on the purchase of Versace from owner Capri Holdings (CPRI) in a deal worth about $1.38B as soon as Thursday after negotiating a discount of more than $200M due to the ...
To mark this development, Mytheresa is launching a dedicated editorial story photographed by Jorin Koers and featuring models ...
ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names ...
ROME -- 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).
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 ...