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The Latest Breaking News from CAPRI

Italy's Prada Agrees To Buy Rival Versace For 1.25 Bn Euros

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

International Business Times

Prada Group buys Versace fashion house from its US owner in €1.25bn deal

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal valued at €1.25 billion euros ($1.4bn.)

Euronews

Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

Fortune

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Donatella Versace out as creative director of the Milan fashion house, in a shakeup by US owner

Donatella Versace has been replaced as creative director of the fashion house founded by her late brother Gianni Versace, assuming the new role of chief brand ambassador, Versace’s U.S. owner Capri Holdings announced on Thursday

The Independent UK

Prada in talks to buy Versace in deal that could reach almost €1.5bn

New York-listed Capri could reportedly agree to sell the brand back into Italian ownership this month

The Guardian - UK

Prada heiress who took the fashion label to new highs with Miu Miu, is eyeing Versace—but she won’t be the only one

“Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

Fortune

Top 100 Stocks to Buy: Tapestry Jumps Into 68th Spot. Is It a Tariff Buy or Sell?

Forty-one stocks jumped into Barchart’s Top 100 Stocks to Buy on Tuesday. With regulatory issues behind it, the next hurdle could be tariffs. Does that make it a Buy or Sell?

Barchart

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‘Being ridiculous is not sexy’: Michael Kors wants to restore some sanity to the red carpet

Fashion designer says when the world is this crazy, you need to feel ‘confident and comfortable’ in your clothes

The Guardian - UK

How Michael Kors owner Capri made a $675 million mistake by waiting in vain for a white knight

Meanwhile, Coach and Ralph Lauren continue to kill it.

Fortune

2025 Ford Capri: Everyone's Mad At This EV. But Is It Any Good?

There’s a new electric Ford SUV on the block, and it’s called the Capri. It’s caused quite a stir in the UK, but not because it’s a slightly less practical version of the (apparently rather good) Explorer, but because of its name.

InsideEVs

Obituary: National racer and former Williams director Dave Brodie

When Dave Brodie succumbed to his long battle with aggressive blood cancer shortly before Christmas at the age of 81, British motor racing lost one its great characters.

Autosport

Solid, composed and as exciting as a big smartphone: Do we need the new electric Ford Capri?

Ford has dusted down the Capri badge — but will the new electric version get people talking for any of the right reasons, asks Jason Barlow

Evening Standard

CIO of Coach parent Tapestry on tech gameplan in wake of scrapped Capri merger

With Tapestry's $8.5 billion merger with luxury retail peer Capri called off, CIO Yang Lu can dedicate her focus on innovative technologies, like artificial intelligence.

Fortune

Here's what comes next for Tapestry and Capri after the death of their major fashion merger

Now Michael Kors' owner Capri has to figure out how to survive without the Tapestry deal.

Fortune

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International Business Times

Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks

Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators.

The Independent UK

Maker of Coach handbags calls off merger with company that produces Michael Kors accessories

Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to overcome an antitrust challenge within an acceptable time frame

Kiplinger

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

Investors Business Daily

Michael Kors Parent Craters On Blocked Merger With Tapestry

Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.

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Fortune

Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss

China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla took a break and Capri took a hit.

International Business Times

US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

Fortune

Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial

The FTC is attempting to block Tapestry’s acquisition of Capri, which would create a bag behemoth.

InsideEVs

New Ford Capri: Here's A Detailed Video Walkaround

Let's do a deep dive into what makes the new electric Ford Capri four-door so very interesting. Underneath, it's a Volkswagen, but will buyers care?

InsideEVs

The Ford Capri Is Already Catching Shade From Polestar's CEO

Polestar CEO Thomas Ingenlath had something to say about Ford's newest EV.

Evening Standard

Blackpink’s Jennie Kim walks her first catwalk for Jacquemus as Dua Lipa sits front row

The Blackpink band member earned her fashion stripes as she took to Jacquemus’ Capri catwalk

Barchart

Capri Holdings: May 17 $35 Unusually Active Call Option Is a No-Brainer

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

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