After Italy's Prada struck a deal to buy smaller rival Versace on Thursday, Capri CEO John Idol said that the company could make "accelerated strategic investments" in Michael Kors, the clothing ...

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that ...

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 ...

In a groundbreaking move in the luxury fashion world, Prada has agreed to acquire Versace from Capri Holdings for $1.375 billion, including debt. This deal unites two of Italy’s most iconic fashion ...

This evening and the first part of the night will see a band of heavy, showery rain from the south. It will then be mostly cloudy with the odd lingering patch of rain overnight. Thursday Tomorrow ...