Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...

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 for Versace is a big discount to the roughly $2.15 billion including debt that Capri paid ...

Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...

By Elisa Anzolin, Abigail Summerville and Amy-Jo Crowley MILAN (Reuters) -Prada struck a $1.38 billion deal to buy smaller ...

Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of ...

Designer fashion company Prada will acquire rival fashion house Versace. The transaction is expected to close in the second ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

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, ...

Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...