Prada finalizes purchase of fashion rival Versace for $1.4 billion, launching new era [Globe and Mail, The (Toronto, Canada)]
Capri Holdings Limited Ordinary Shares (CPRI)
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am
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Source: Globe and Mail, The
its sexy silhouettes under the same roof as Prada's “ugly chic” aesthetic and Miu Miu's youth-driven appeal. The highly anticipated deal is expected to relaunch Versace's fortunes, after middling post-pandemic performance as part of the U.S. luxury group Capri Holdings. Prada said in a one-line statement that the acquisition had been completed after receiving all regulatory clearances. Capri Holdings, which owns Michael Kors and Jimmy Choo, said the money would be used to pay down debt. Donatella Versace welcomed the deal in an Instagram post, which also marked the birthday of the brand's late founder, her brother, Gianni Versace. “Today is your day and the day Versace joins the Prada family. I am thinking of the smile you would have had on your face,'' she wrote in a post that also featured a 1979 photo of Gianni Versace with Miuccia Prada. Versace's future Prada heir Lorenzo Bertelli is set to steer Versace's next phase as executive chairman, in addition to his roles as
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CPRI
News
- Capri (NYSE:CPRI) was upgraded by analysts at Barclays PLC to a "strong-buy" rating.MarketBeat
- Creative director Dario Vitale exits Versace two days after Prada's acquisition [Yahoo! Finance Canada]Yahoo! Finance Canada
- Creative director Dario Vitale exits Versace two days after Prada's acquisition [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Versace designer makes shock exit despite stellar debut [CNN]CNN
- Versace designer makes shock exit despite stellar debut [CNN]CNN
CPRI
Earnings
- 11/4/25 - Miss
CPRI
Sec Filings
- 12/2/25 - Form 8-K
- 11/4/25 - Form 10-Q
- 11/4/25 - Form 8-K
- CPRI's page on the SEC website