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Iconic fashion brand Prada will purchase its luxury rival company Versace in a US1.38 billion (AU$2.21b) deal amid market ...
Capri is expecting Versace to report revenue of around $813 million in the current fiscal year that ended in March. That’s below the $843 million in sales it reported in fiscal year 2020, the first ...
Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the roughly $2.15bn, including debt ...
Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...
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 ...
If you want to get ahead of the game, here's your guide to some of the trends you'll be seeing creep in in the coming ...
Capri Holdings' finance and operations head, Thomas Edwards, will leave the US luxury holding company to assume similar roles ...
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