After US President Donald Trump’s tariffs sent global markets sideways, Silicon Valley private equity firm Silver Lake ...

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

Capri Holdings CPRI.N may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with ...

To begin, H&M celebrated the opening of new Los Angeles stores and their S/S 2025 collection with a concert ahead of Coachella weekend.

Prada acquires Versace for $1.375 billion, including debt Deal strengthens Italy's position in luxury fashion industry Prada ...

Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...

Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

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 ...