Michael Kors parent sells Versace to Prada in $1 billion-plus deal

Capri Holdings Ltd. has entered into the biggest luxury deal of the year — one that will create a new fashion powerhouse that's not based in France.

Apr 10, 2025 - 15:49
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Michael Kors parent sells Versace to Prada in $1 billion-plus deal

Capri Holdings Ltd. has entered into the biggest luxury deal of the year — one that will create a new fashion powerhouse that's not based in France.