Capri Holdings CPRI.N may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a ...

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

Blake Lively has made countless fashion statements throughout her career. Some have been stunning, while others have missed ...

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

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

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 ...

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

Prada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...

Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion ...

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

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