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Asked for a comment, a Versace representative confirmed and said Vitale's debut collection "will see the house host an ...
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 ...
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 ...
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, 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 ...
(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 ...
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.
By Adriano Marchese Capri Holdings shares rose Thursday morning after the company struck a deal to sell the Versace brand to Prada for $1.4 billion. Shares traded 1.4% higher at $16.59.
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.
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