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Versace Goes Prada: Capri's Big Exit Sparks Fashion Power Shift
Thursday, April 10, 2025 - 10:47am | 644Capri Holdings Limited (NYSE:CPRI) saw its shares tick higher in Thursday’s premarket action after the company unveiled a definitive agreement to divest the luxury fashion house Versace to Prada S.p.A. in a $1.375 billion all-cash deal, subject to adjustments. The transaction, which still...