Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

International retailers are spooked and domestic multi-brands are shifting budgets. Production and material costs are already ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...

Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other family-founded brands ended ...

The s&p Global Luxury index has dropped by more than 20% over the past year, but Hermès shares have lost just 4%. What can ...

Prada's acquisition of Versace from Capri Holdings for $1.375 billion marks a significant consolidation in Italian fashion.

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

Prada buys rival Varsace in $1.37 billion deal from Capri Holdings to create Italian fashion luxury powerhouse ...

As if the rumored return of ripped skinny jeans wasn’t enough of a threat to the fashion world, a newer and even bigger ...

In response to these concerns, rental fashion has emerged as a sustainable alternative. While outfit rentals were once ...