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

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

Following the Versace sale to Prada, Capri Holdings reaffirms its commitment to strategic investments in Michael Kors and ...

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

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

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 has sold the Versace brand to the Prada Group in a deal that is expected to close in the second half of 2025.

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

Capri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.

Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...

Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...

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