Luxury fashion firm Prada Group reached an agreement with Capri Holdings to acquire designer brand Versace in a deal valued at $1.38 billion, Prada announced Thursday, after earlier reports ...

Fashion conglomerate Capri Holdings (CPRI) has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion, a deal that had been anticipated but reportedly had been at risk of ...

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

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).

Prada S.p.A.'s acquisition of Versace for $1.37 billion is a strategic move, capitalizing on market conditions to buy an undervalued brand with high potential. Capri Holdings sells Versace at a ...

The biggest luxury deal so far in 2025 has seen Capri Holdings, the parent company of major luxury brands Michael Kors, Versace and Jimmy Choo, enter into an agreement to sell Versace to the Prada ...

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then known as Michael Kors, paid for Versace in 2018 when it was sold by the ...

After months of speculation, Prada finally confirmed it is acquiring 100 percent of Versace from Capri Holdings for 1.25 billion euros. On Thursday, the day Prada's exclusive talks with Capri Holdings ...

Since Capri Holdings put Versace on the market in December, the questions have been all about what happens to the always flashy yet beleaguered Italian luxury mainstay. Who buys the brand?

Capri sells Versace to Prada for $1.375 billion. Analyst cuts price target, sees limited Michael Kors upside. Today's manic market swings are creating the perfect setup for Matt’s next ...

Style icon, visionary, source of inspiration and more: today Donatella Versace turns seventy. A different birthday, for the ...