Asked for a comment, a Versace representative confirmed and said Vitale's debut collection "will see the house host an ...

Capri announced yesterday it will sell the Versace brand to Prada for $1.375 billion in cash, with the deal expected to close in the second half of 2025, pending regulatory approval.

Versace is heading home to Italy. Prada Group has acquired the storied Italian fashion house from Capri Holdings, the companies announced today, for €1.25 billion pending approval.

Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion Versace sale to Prada. Read more about CPRI stock here.

Global luxury fashion group Capri has agreed to divest the Versace brand to Italian fashion group Prada for $1.38bn in cash. The agreement is contingent on regulatory approvals and standard ...

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.

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.

MILAN — After months of speculation, Prada finally confirmed it is acquiring 100 percent of Versace from Capri Holdings for 1.25 billion euros. On Thursday, the day Prada ’s exclusive talks ...

Prada to Acquire Versace From Capri in $1.4 Billion Deal Prada leadership said the deal would facilitate "a new chapter." Trace William Cowen April 10, 2025 Image via Getty/Matthias Balk/picture ...

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed Italian group agreed to pay 1.3 billion euros ($1.4 billion) for Versace ...

Capri paid a significant price for Jimmy Choo back in 2017, $1.35 billion. During the negotiations for the Versace deal, Capri and Prada discussed including Jimmy Choo at a bargain valuation.