Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...

In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.

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

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

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

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

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 ...

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

Capri spent $3.4 billion to purchase Jimmy Choo and Versace to boost its status as a luxury house and reduce its dependence on Michael Kors. Unfortunately, Capri has struggled to generate ...

Following the Versace sale to Prada, Capri Holdings reaffirms its commitment to strategic investments in Michael Kors and ...

Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...

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