Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join after Capri's collapsed merger with Tapestry.

Capri Holdings Ltd (CPRI) could be close to signing a deal to sell its luxury fashion label Versace to Prada, Reuters reported on Sunday. The Italian fashion group could announce the Versase deal as ...

Capri's shares have plummeted due to antitrust issues with Tapestry and a leveraged balance sheet, prompting a $1.375 billion ...

Fashion conglomerate Capri Holdings has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion.

Capri 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 ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

Jimmy Choo was put on the market alongside of Versace and sources said Capri pushed bidders to make offers on both as a package deal, wanting to clean house all at once. (Capri didn’t acknowledge a ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...

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 ...

Prada acquires Versace for €1.25 billion, reshaping Italy’s luxury landscape and ending Capri Holdings' dream of an American luxury empire.