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Today's merger strengthens Italy's hand in a luxury industry led by French conglomerates

Italy's Prada agrees to buy fashion rival Versace

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion.

Business • 10 Apr

Donatella Versace steps down as brand's creative officer

Donatella Versace is to step down as chief creative officer of the Versace brand after almost three decades in the role, owner Capri Holdings said today.

Business • 13 Mar

Prada moves nearer to $1.6 billion deal for Versace

Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly €1.5 billion, Bloomberg News has reported.

Business • 03 Mar

Reports suggest that Prada is among potential suitors examining the acquisition of fashion group Versace

Prada among suitors looking at Versace - reports

Italy's Prada is among potential suitors examining the acquisition of fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported today.

Business • 10 Jan

Capri shares rose to $54.50 in early trading on Thursday

Tapestry buys Michael Kors owner Capri Holdings

Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a US fashion powerhouse to challenge larger European rivals for a bigger share of the global luxury market.

Business • 10 Aug 23

Rising prices have had little impact on middle and high-income households who have been happily spending on designer labels

Ralph Lauren, Capri beat revenue estimates

Ralph Lauren and Michael Kors-owner Capri Holdings have today beaten quarterly revenue estimates, underscoring the unwavering demand for luxury goods from high-income consumers amid decades-high inflation.

Business • 09 Aug 22

Capri said 150 of its 225 stores in mainland China were closed and the rest were seeing significantly lower customer traffic

Michael Kors owner Capri warns of $100m hit from virus

Michael Kors owner Capri Holdings today cut its forecasts as it warned of a $100m hit to revenue due to the coronavirus outbreak in China.

Business • 05 Feb 20

Capri Holdings