Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

In February, Reuters reported exclusively that the Italian luxury group was given preferential access, ahead of other potential suitors, to the financial data of Versace, after Capri Holdings put ...

Prada got exclusive four-week access to Versace financial data in late February, a period which has since been extended, according to media reports. President Trump’s new tariffs have since sent ...

Capri Holdings bought Versace for $2.15 billion in 2018, but has been on uneasy financial footing in recent years, posting a $547 million loss in 2024. “We aim to continue Versace’s legacy ...

Italian fashion house Prada announced its acquisition of Versace from Capri Holdings for $1.375 billion, uniting two of ...

An earlier version of this article incorrectly said Versace?s namesake family still had to sign off. About Dow Jones Newswires Dow Jones Newswires is a market-moving financial and business news ...

(Sharecast News) - Italian luxury fashion brand Prada has agreed to buy rival Versace from Capri Holdings in a €1.25bn deal. Prada said that "Versace will maintain its creative DNA and cultural ...

And yet even today, the deal’s financial return looks threadbare. Assume Versace’s operating margin hits 9% at the higher end of Capri’s projection for it in 2028, and the EBIT would be $81 ...

"We are confident that his talent and vision will be instrumental to Versace’s future growth,” Idol said about Vitale in a statement. Capri’s Chief Financial Officer Thomas J Edwards left ...

Prada got exclusive four-week access to Versace financial data in late February, a period which has since been extended, according to media reports. President Donald Trump's new tariffs have since ...