Prada in talks to buy Versace in deal that could reach almost 1.5bnPrada is negotiating to acquire Versace from Capri Holdings for nearly $1.5 billion.
Capri's CEO says Versace's revenue sank because it made 2 mistakesCapri Holdings reported a 15% decline in Versace's sales due to strategic missteps involving the quiet luxury trend.
Prada in talks to buy Versace in deal that could reach almost 1.5bnPrada is negotiating to acquire Versace from Capri Holdings for nearly $1.5 billion.
Capri's CEO says Versace's revenue sank because it made 2 mistakesCapri Holdings reported a 15% decline in Versace's sales due to strategic missteps involving the quiet luxury trend.
The owner of Versace and Jimmy Choo just lost half its value in 24 hoursWall Street's market gains halted as Treasury yields increased, leading to declines in major indices despite some tech stocks performing well.
David Einhorn's #1 New Buy That Is Paying Off Big: PTON vs. CPRIDavid Einhorn is renowned for both his short-selling tactics and long investments, as exemplified by recent positions in Peloton and Capri Holdings.