Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...

Prada acquires Versace for $1.375 billion, including debt Deal strengthens Italy’s position in luxury fashion industry Prada ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

"It was as if I was in a cloud just because it was a Met Gala. Also, I was numb," Park recalled of her first time attending ...

Amazon’s Premium Brands section is packed with major deals on clothes, shoes, and accessories. Score up to 53 percent off ...

Capri is selling Versace at a roughly $745 million discount on its own acquisition price — leaving the company deep in the hole as the brand has produced a total of only $323 million in operating ...

Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...

Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion ...

Versace owners, the New York-based fashion behemoths Capri Holdings, which owns other brands such as Michael Kors and Coach, ...

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, ...

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

Right now on Amazon, you can score designer handbags without the high-end price tag. Inside the Michael Kors storefront, ...