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Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...
Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect to overcome an antitrust challenge within an acceptable time frame.
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What Comes Next for Capri Now That Prada Is Buying Versace?And then it comes down to the fate of its first, largest and core business: Michael Kors. Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers ...
The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through ...
Donatella Versace/ Instagram Separately ... out” from her family brand when Capri Holdings, which also owns Michael Kors and Jimmy Choo announced she was stepping down as chief creative officer ...
Capri said in a statement on Thursday (April 10) announcing the deal that it would use the proceeds from the Versace sale to make investments in Michael Kors. "We also believe a sale of Jimmy ...
Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels. The deal to unite the two Italian brands has an estimated value of ...
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