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» » Versace Owner Capri Jumps on Prada Moving Closer to Purchase

Monday, March 3, 2025

Versace Owner Capri Jumps on Prada Moving Closer to Purchase

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Capri Holdings Ltd. saw its shares rise as much as 9.6 percent following reports that it is close to selling its Italian luxury brand Versace to Prada for up to €1.5 billion, a deal that could help Prada compete with luxury giants like LVMH and Kering SA.
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