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 ...

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 ...

Capri Holdings Limited CPRI has entered into a definitive agreement to sell its Italian luxury fashion house Versace to Prada S.p.A. for $1.375 billion in an all-cash transaction. This significant ...

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 ...

​Can you mix Prada with Versace, or is that a fashion faux pas? One iconic Italian fashion brand is buying another — the ...

In a groundbreaking move that’s set to reshape the global fashion landscape, Prada has officially acquired Versace, one of ...

Baird lowered the firm’s price target on Capri Holdings (CPRI) to $18 from $26 and keeps a Neutral rating on the shares. The firm updated its ...

ShareLuxury Italian fashion house, Prada has acquired Versace from multinational fashion luxury group, Capri Holdings, for an ...

Italian fashion house Prada has struck a deal worth $1.375 billion with rival the US group Capri Holdings, Versace on ...