News

Asked for a comment, a Versace representative confirmed and said Vitale's debut collection "will see the house host an ...
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.
In 2018, Donatella Versace reached a $2.1 billion deal to sell her family’s company to Michael Kors Holdings, which subsequently changed its name to Capri Holdings.
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 ...
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." ...
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.
Telsey Advisory Group analyst Dana Telsey reiterated the Market Perform rating on Capri Holdings Limited (NYSE:CPRI), raising the price forecast from $17 to $20. On Wednesday, the firm reported a ...
Forward-Looking Guidance During the earnings call, Capri Holdings provided guidance focusing on strategic initiatives for fiscal 2026 and beyond, following the pending sale of Versace. The company ...
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 ...