A Delaware judge ruled that the right-wing cable channel Newsmax made defamatory statements about Dominion Voting Systems ...

Prada (PRDSY) formally agreed to buy Versace from US luxury conglomerate Capri Holdings (CPRI) for $1.38 billion, uniting the ...

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, ...

Capri Holdings agreed to sell Versace to Prada for $1.375 billion. Word of the deal was reported on Wednesday, but at the ...

The luxury world is no stranger to shakeups, and today’s breaking luxury news is another major turning point in a year full ...

Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...

Prada reported a 15% jump in annual net sales worth €5.4 billion ($6 billion) in March. Miu Miu, Prada's sister brand, has been instrumental in the company's recent growth streak, as its revenues ...

The high-end Italian fashion house Prada announced Thursday it has purchased its now-former rival Italian luxury fashion ...

After months of exclusive talks, Prada Group—led by Miuccia Prada and Patrizio Bertelli—has officially acquired Versace from Capri Holdings for €1.25 billion.

Designer fashion company Prada will acquire rival fashion house Versace. The transaction is expected to close in the second ...

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).