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In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
Following the Versace sale to Prada, Capri Holdings reaffirms its commitment to strategic investments in Michael Kors and ...
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 said during the past six years, it had made tremendous progress in repositioning the Versace brand to place greater emphasis on its luxury heritage and exceptional craftsmanship, and it is ...
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 plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...
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Retail Insight Network on MSNPrada agrees to buy Versace from Capri in $1.38bn cash dealCapri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...
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