Versace
Donatella Versace leaves the creative helm at Versace
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
Prada reports strong full year 2024 as it eyes Versace purchase
The Italy-based luxury group has reported a full year revenue growth of 17% over 2023, well-above market. The results came as talks of a takeover of Versace from Capri Holdings became public
Capri Holdings reports another weak quarter
The owner of Michael Kors, Versace and Jimmy Choo has reported another disappointing quaterly performance, with third quarter revenue down by 11.6% or 11.4% on a constant currency basis on the same period of last year
Capri Holdings falls sharply as hopes of Tapestry merger fade
The US-based luxury group has reported another weak quarterly performance amid weak global demand for luxury goods. Versace suffered the biggest fall, while Jimmy Choo returned to green
Disappointing first quarter for Capri Holdings
Ahead of its acquisition by Tapestry, the US-based luxury company has reported a weak first quarter, blaming it on a slowing global demand for luxury fashion goods
Capri results disappoint in the fourth quarter
As its ongoing acquisition by Tapestry awaits legal resolution after being blocked by a US regulator, the luxury fashion group reports a disappointing fourth quarter due to weak global demand
Capri’s performance hit by weak consumer demand
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region
Capri posts results below expectations
The owner of Versace, Michael Kors and Jimmy Choo posted an 8.6% fall in revenue in the second quarter of fiscal 2024, as compared to the same period of last year, will all brands underperforming
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Capri Holdings posts loss in the fourth quarter
The owner of Versace, Michael Kors and Jimmy Choo posted a 10.5% decline in revenue and a 34 million USD net loss in the last quarter of fiscal 2023, as compared to the same period last year
Capri Holdings posts revenue decline
The fashion group, which owns Versace, Michael Kors and Jimmy Choo, posted a revenue decline of 6.0% in the third quarter of fiscal 2023, as compared to the same period of last fiscal year
Capri off to a good start
The fashion luxury group, owner of Versace, Jimmy Choo and Michael Kors, reported a 1.36 billion US dollars revenue in the first quarter of fiscal 2023, driven by strong momentum across its brands
Capri aims at an 8 billion USD revenue goal
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth
Capri Holdings supports creation of the Versace Foundation
The company has guaranteed 10 million US dollars for the new foundation. The aim of the initiative is to support equality, wellness and safety for the LGBTQIA+ community
Capri with revenue and earnings increase
The luxury fashion group reported that revenue and earnings for the full year of 2022 exceeded expectations. Total revenue amounted to 5.65 billion US dollars-
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