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.

Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2026 financial results on Wednesday, August 6, 2025, at approximately 6:45 a.m. ET. The Company ...

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 represented 20% of Capri Holdings 2024 revenue of 5.2 billion euros. An analyst presentation for the Prada deal said that Versace would represent 13% of the Prada Group's pro-forma ...

LONDON--(BUSINESS WIRE)-- Capri Holdings Limited (CPRI), a global fashion luxury group, today announced that it has entered into a definitive agreement to sell Versace to Prada S.p.A. (HKSE: 1913 ...

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.

In 2018, Donatella Versace (and Blackstone) sold her family’s company to Michael Kors Holdings (which subsequently changed its name to Capri Holdings) in a $2.1 billion deal.

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. The transaction is expected to ...

(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 ...

In a deal that had been rumored for months, Capri has agreed to sell Versace to Prada for $1.375 billion in cash. Why it matters: The acquisition price is roughly 35% below the roughly $2.1 ...

Capri Holdings Limited, a global fashion luxury group, and Versace announced today that Chief Creative Officer Donatella Versace will assume the role of Chief Brand Ambassador effective April 1, 2025.

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).Prada said ...