Prada Credits Centuries-Old Indian Kolhapuri Craftsmanship Behind Open-Toe Sandals Design Unveiled At Milan Show The Kolhapuris, sold for as little as $12 a pair in Indian streets, take their name from the namesake city in India’s southern state of Maharashtra.
Versace Sale Would Support Parent Capri Holdings Lean Portfolio: Analyst Capri Holdings gets price forecast boost as analyst sees long-term margin gains from brand shifts, but flags tariff-driven cost risks for FY26.
Capri Trims Full-Year Outlook, But Profit Grip And Strategic Divestitures Keep Bulls Around Despite a generally poor outlook, the sentiment among retail investors on Stocktwits shifted to ‘extremely bullish’.
Wall Street Stalls As Treasury Yields Climb Again Ahead Of Nvidia Earnings, Fed Minutes: What's Driving Markets Wednesday? After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
Capri Holdings Q4: Earnings Miss, Margins Squeeze Amid Sales Slump And Tariff Uncertainty Capri Holdings posts wider-than-expected Q4 loss on $545M tax charge, margin pressure, and tariff-related uncertainty despite beating revenue estimates.
World’s Biggest Luxury Brand Still Struggles As China Troubles Loom Large - Report LVMH reportedly tempered investor expectations for the current quarter; the warning might weigh down the sentiment for global luxury retail firms.
Deal Dispatch: Harley-Davidson To Wipe Out? Plus, Prada's Versace Purchase Garners A Fashionable Price Things are hog wild at Harley-Davidson; Plus, Impresoft, Keros Therapeutics and Rivalry Corp. are all itching for a deal.
Versace Exit Is Capri's Big Bet On Michael Kors Revival, Says Analyst Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in Michael Kors.
Prada Acquires Versace From Capri Holdings In $1.4B Deal Prada said that the transaction will be funded by €1.5 billion of new debt composed of €1.0 billion term loan and €0.5 billion bridge facility.
Versace Goes Prada: Capri's Big Exit Sparks Fashion Power Shift Capri sells Versace to Prada for $1.4B as it refocuses on Kors and Choo amid tariff-driven market volatility.
Retail Stocks Rally On Tariff Pause: What's Going On? Retail stocks such as Capri Holdings and Ralph Lauren Corporation are up Wednesday after President Donald Trump announced a 90-day suspension on reciprocal tariffs for countries that have not retaliated against the U.S., easing trade tensions for import-heavy sectors.
