News

On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 ...
Versace's "For Sale" sign can now read "Sold." On Thursday, Prada Group announced it has acquired the Italian fashion house ...
Prada said it would acquire Versace from fashion conglomerate Capri Holdings for $1.38 billion, salvaging a deal that was at ...
Capri, which also owns Jimmy Choo and Michael Kors, and the Prada Group have been locked in exclusive negotiations for more than a month. Capri’s initial asking price of €3bn and the future of Versace ...
Europe must remove barriers to bank mergers as a fragmented financial landscape with differing national rules and customs ...
Prada (PRDSY) has a tentative deal to acquire Versace from Capri (CPRI) for roughly $1.4B, which could be announced as soon as Thursday ...
Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million units, as ...
Shares of Capri Holdings rose Wednesday after The Wall Street Journal reported that talks to sell its Versace brand to Prada are at risk of collapsing amid a market in turmoil. The stock was up 5.5% ...
The s&p Global Luxury index has dropped by more than 20% over the past year, but Hermès shares have lost just 4%. What can ...
Fashion goes in and out of style, and it turns out, so do fashion startups. Lyst, a high-end fashion marketplace that was ...
Companies saw steep gains in the stock market on Wednesday, after Trump backed down on aggressive tariffs with one exception: ...
Prada’s talks to buy Versace from fashion conglomerate Capri are at risk of collapsing at the eleventh hour, according to people familiar with the matter. The market swings and the uncertain impact ...