Prada acquires Versace for $1.38B, diversifying its portfolio and strengthening its Italian luxury positioning. Capri Holdings Limited sells Versace at a $600M loss to address $2.74B net debt and ...
Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, has seen its stock price in the dumps. Revenue declines, and poor profitability for Versace and Jimmy Choo, suggest that Capri's ...
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