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Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
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GlobalData 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.
Fashion conglomerate Capri Holdings has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion.
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 ( NYSE: CPRI) rose 8.3% amid reports that Prada ( OTCPK:PRDSF) is close to acquiring the Versace brand for ...
In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
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Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).
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