ICYMI, the Michael Kors Outlet Mother’s Day Deal is officially that girl. You can score designer bags for under $99—and if ...

In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.

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

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

Capri Holdings, which owns Michael Kors and Jimmy Choo, paid $2 billion for Versace in 2018, but had been struggling to ...

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

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian ...

Italian fashion house Prada has struck a deal worth $1.375 billion with rival the US group Capri Holdings, Versace on ...

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, ...