An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand could take years and hit ...
Capri Holdings Limited (NYSE:CPRI) extended its winning streak for a fourth day on Monday, adding 3.87 percent to close at ...
Prada is making a move to corner the lion’s share of the global luxury market with reports of a deal to buy Versace for a ...
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A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.
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Prada is reportedly nearing a $1.6 billion deal to acquire Versace from Capri Holdings Ltd. aiming to compete with luxury ...
Capri Holdings Ltd.’s stock soared 8.9% early Monday, after a report that the company is close to selling its Versace brand ...
A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies ...
Prada's effort to purchase the Versace brand from Capri Holdings Limited is reportedly moving closer to completion.