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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.
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.
(RTTNews) - Fashion luxury group Capri Holdings Ltd. (CPRI), owner of iconic brands Versace, Jimmy Choo and Michael Kors, announced Thursday that it has entered into a definitive agreement to sell ...
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, 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." ...
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 ...
In 2018, Donatella Versace (and Blackstone) sold her family’s company to Michael Kors Holdings (which subsequently changed its name to Capri Holdings) in a $2.1 billion deal.
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.
The agreed price for Versace, $1.375 billion in cash, is not too exciting for Capri Holdings’ investors but it is sufficient to repay some of the company’s debt, downgraded to junk by S&P in ...
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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