Capri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival ...