According to Benzinga Pro, CPRI stock has lost over 62% in the past year. At the end of the third quarter, the company’s cash and equivalents totaled $356 million, and total borrowings outstanding ...

After months of speculation and inside talks, Italian luxury parent Prada Group has officially acquired Versace from Capri ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

Prada on Thursday announced it was buying Versace for €1.25 billion -- or about $1.39 billion -- to combine two top names in ...

Gianni Versace was heralded as a genius for his eponymous Versace fashion house. His siblings, Donatella and Santo, and niece, Allegra, took over the brand after his murder in 1997. Donatella served ...

Prada Group is buying Versace from Capri Holdings for $1.38 billion, significantly less than the $2.1 billion Capri paid in 2018.

"We aim to continue Versace's legacy, celebrating and re-interpreting its bold and timeless aesthetic," said Prada chairman ...