Luxury fashion brand L'Agence is coming to the 900 North Michigan Shops on Chicago's Magnificent Mile, taking space longtime ...

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, ...