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Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion ...
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Retail Insight Network on MSNPrada agrees to buy Versace from Capri in $1.38bn cash dealCapri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...
Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a ...
Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the brands announced Thursday. The deal is part of a series of shakeups at ...
Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...
Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
The Associated Press on MSN13d
Italian fashion house Versace sold to rivalThe Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
Prada (PRDSY) is closing in on the purchase of Versace from owner Capri Holdings (CPRI) in a deal worth about $1.38B as soon as Thursday after negotiating a discount of more than $200M due to the ...
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