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This week in design, baby boomers outpace millennials as top home buyers, Pottery Barn launches a new kid and teen collection ...
The retail family had to navigate antitrust concerns, a sale-leaseback proposal and more on their way to a deal to take ...
To begin, H&M celebrated the opening of new Los Angeles stores and their S/S 2025 collection with a concert ahead of Coachella weekend.
Capri Holdings' recent sale of Versace to Prada for $1.375 billion is expected to positively impact earnings by reducing debt ...
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...
Capri is selling Versace at a roughly $745 million discount on its own acquisition price — leaving the company deep in the hole as the brand has produced a total of only $323 million in operating ...
Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in ...
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" ...
That complexity is playing out in real time as Prada moves to acquire fashion rival label Versace from its parent company ...