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Luxury fashion conglomerates Tapestry and Capri Holdings called off their merger Thursday, weeks after a federal judge sided with antitrust regulators who oppose the deal. The fashion houses ...
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The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.
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).
The Associated Press on MSN23d
Two of Europe’s best known luxury fashion houses join forces in $1.4 billion purchaseThe 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 said the ...
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