Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals such as Louis Vuitton-owner LVMH and Kering and widen its customer base. It ...

Capri Holdings' finance and operations head, Thomas Edwards, will leave the U.S. luxury holding company to assume similar roles at department store chain Macy's. At Macy's, Edwards, who will join in ...

Meanwhile, in a rare move for a luxury brand and a signal that Capri is putting less emphasis on an upscale image for Michael Kors, Capri in March launched its first official Amazon storefront for ...

(Reuters) - Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its ...

Capri sells Versace to Prada for $1.375 billion. Analyst cuts price target, sees limited Michael Kors upside. Today's manic market swings are creating the perfect setup for Matt’s next ...

Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who wins and loses, CPRI or PRDSF.

After Italy's Prada struck a deal to buy smaller rival Versace on Thursday, Capri CEO John Idol said that the company could make "accelerated strategic investments" in Michael Kors, the clothing ...