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Prada , reported a 9% increase in first half net revenues at constant currencies on Wednesday, with its smaller but fast ...
Asked for a comment, a Versace representative confirmed and said Vitale’s debut collection “will see the house host an ...
Capri Holdings, the London luxury retailer that houses the Michael Kors, Jimmy Choo and Versace brands, cut its fiscal 2026 revenue forecast on Wednesday and warned that tariff-related uncertainty ...
Prada Group announced Thursday that it’s acquiring Italian fashion house Versace from U.S.-based Capri Holdings in a deal worth 1.25 billion euros, or roughly $1.4 billion. The deal marks a ...
Capri Holdings (CPRI) announced that it has entered into a definitive agreement to sell Versace to Prada (PRDSY) for $1.38B in cash subject to certain adjustments.
Capri Holdings, which owns Michael Kors and Jimmy Choo, paid $2 billion for Versace in 2018, but had been struggling to position Versace's bold profile in the recent era of "quiet luxury." ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in Michael Kors.
Telsey raises FY26 EPS estimate to $1.33 despite steeper revenue drop. Tariffs on China imports could hit Capri’s FY26 gross margin by 100 bps. Get daily-updated rankings across momentum, growth ...
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Capri unveils leadership shake-up with CFO and COO shift - MSNCapri Holdings has disclosed that Thomas Edwards Jr, who holds the positions of executive vice-president, chief financial officer (CFO) and chief operating officer (COO), will be departing from ...
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion house at 1.25 billion euros ($1.4 billion.
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