Q2 2026 Management View John Idol, Chairman & CEO, stated the company is “now fully focused on the growth of our 2 iconic brands, Michael Kors and Jimmy Choo” with the Versace sale expected to close ...
In April, I concluded that Capri Holdings Limited (NYSE:CPRI) was moving along without Versace. Following antitrust issues with Tapestry, Inc. (TPR) and leverage taken on in the years before, the ...
Italian luxury conglomerate Prada is buying Versace from Capri Holdings for $1.38 billion, the companies said Thursday—a little over half of what Capri paid to acquire it in 2018. The transaction is ...