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Indulgexpress on MSNWhy everyone believes Versace’s quiet luxury pivot led to losses and its eventual sale to PradaAnyone who hasn’t been under a rock for the last 48 hours probably knows that Prada has agreed to buy the Versace fashion ...
ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names ...
Capri is selling Versace at a roughly $745 million discount on its own acquisition price — leaving the company deep in the hole as the brand has produced a total of only $323 million in operating ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
The Prada Group announced a deal on Thursday to buy crosstown Milan fashion rival Versace from the US luxury group Capri ...
That complexity is playing out in real time as Prada moves to acquire fashion rival label Versace from its parent company Capri Holdings, whose CFO, Thomas Edwards, is exiting for a new role at Macy’s ...
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U.S. Amateur champion Jose Luis Ballester took a different kind of relief at the Masters.
Capri Holdings Limited CPRI has entered into a definitive agreement to sell its Italian luxury fashion house Versace to Prada ...
Prada is acquiring crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings for about 1.25 billion ...
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $17 from $23 and keeps a Market Perform rating on the shares. The ...
Capri Holdings trades at a discount after shedding Versace, though China tariffs and weak leadership cloud the outlook. See ...
Prada's Versace acquisition signals Italy's renewed ambition to control not just the creation of luxury but also its ...
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