The group chaired by Patrizio Bertelli closed 2025 with retail sales of 5,1 billion, thanks mainly to the Miu Miu brand, while the effect of the Versace acquisition will be diluted in 2026. Dividend of 0,166 euros.
Versace is changing its creative face: Pieter Mulier, the Belgian designer who led Alaïa, will be the new chief creative officer starting July 1, 2026.
Fashion, Prada announces the completion of its acquisition of Versace: roles and positions after the merger of two iconic Made in Italy luxury brands. CEO Guerra: "No acquisitions for the next three years." The challenge to Kering and LVMH where Pietro Beccari...
The Global South Innovation 2025 summit, a multi-day meeting and discussion organized by Entopan, an organization founded by Francesco Cicione that works to foster an integrated and multidisciplinary approach to regional innovation, concluded in Calabria.
Fashion: after months of negotiations, Prada has acquired 100% of the historic maison founded by Gianni Versace. A strategic opportunity that relaunches the Medusa brand (after Donatella's resignation) under the control of an Italian group. The details of the agreement
Donatella Versace is stepping down as creative director after more than 28 years, handing over the baton to Dario Vitale from 1 April 2025. She will remain at Versace as chief brand ambassador: "Carrying on my brother Gianni's legacy has been the greatest honor…
Prada closes 2024 with revenues of 5,4 billion (+17%), net profit of 839 million (+25%) and cash of 600 million. Economic solidity paves the way for acquisitions: Versace and Jimmy Choo in the crosshairs
According to Bloomberg, Prada is ready to close the purchase of Versace for 1,5 billion euros. The operation would create an Italian group ready to compete with LVMH and Kering
Capri Holdings Limited (NYSE:CPRI), a global fashion and luxury group, celebrated Investor Day 2025 yesterday in New York City. In conjunction with the event, the Company is introducing long-term events with financial goals
Versace could return to Italian hands with Renzo Rosso, but the private equity fund Permira and Marco Bizzarri (former CEO of Gucci) are also in the running. In the meantime, Stella McCartney regains her independence from LVMH, after five years…
According to rumors, the American Capri Holdings would like to sell Versace (and Jimmy Choo). Prada among the possible buyers, but the luxury crisis could affect the valuation of the Medusa brand
Donatella Versace, creative director of Medusa, will have her contract expire in February but, according to press rumors, she may not be renewed. The moves on the brands in the portfolio
A Manhattan federal court blocked the €8,5 billion acquisition, causing Capri's shares to fall 47% and Tapestry to rise 16%, as it prepares to appeal.
Tapestry Inc, former owner of the Coach, Kate Spade and Stuart Weitzman brands has reached an agreement for the purchase of Capri Holdings, the high fashion group that controls the Versace, Jimmy Choo and Michael Kors brands. The new company achieves a turnover…
Roy Lichtenstein: Diana and Ajax, an intimate view of two Greco-Roman inspired works commissioned by Gianni Versace from the artists' Interiors series to be auctioned at Phillips New York from August 12 to September 6
The Group's 2022/23 sales forecasts are down, but earnings per share at $6,85 are confirmed. Versace seen doubling sales, especially in leather goods and footwear. It will be worth 25% of the group's total sales
The designer bought the villa on Lake Maggiore that belonged to the Mondadori family in the XNUMXs. The names of the VIPs you have hosted
Final agreement signed - After the acquisition Michael Kors changes its name and becomes Capri Holdings - The family will receive a value of 150 million euros in shares of the new holding - Donatella Versace will remain in the group as creative director
Uncertainty on the tariff front between the US and China and the rise in oil prices are affecting the financial markets, which also remain on the alert for Italy's budget maneuver - Di Maio: "Let's do like France", but Rome has…
Documents signed, official announcement awaited - The Versace family will collect 1,83 billion but will remain in the company, while Blackstone will leave the scene - Michael Kors stock falls sharply on Wall Street
The sale of the Medusa maison should be made official as early as tomorrow - Another big name in Italian fashion is leaving the country -
Versace's turnover is growing at an annual rate of 20-21% and in 2017 it could reach 850 million euros according to the estimates of the CEO Gian Giacomo Ferraris: "The goal is quotation" - Double growth in Italian tourist cities for the brand…
Versace closes 2014 with revenues (+16,9%), Ebitda (+9,8%) and profits rising sharply (+27%) and is preparing to open 30 new boutiques around the world, of which 3 in Japan. In 2014, another 40 stores were opened in…
The group ended 2013 with profits and revenues up on 2012 - Ferraris, CEO of the Italian fashion and clothing company, expects "a further positive result" for 2014.
The transaction, which saw Banca Imi and Goldman Sachs act as financial advisors, implies an enterprise value for Versace of one billion euros.
A three-way list for the acquisition of 20% of the capital of the Italian group - On track, according to Reuters, Blackstone, Investcorp and Ccmp - Excluding the Italian strategic fund, the choice fell on a partner with an international profile
Santo Versace, a shareholder of the homonymous group, said it, also leaving the door open to the IPO: "There is no hurry, the door remains absolutely open, never say never in life".
The Versace group has already received six formal offers for the 20% stake put up for sale, with a request for 1 billion in addition to the commitment to leave full control of the company to the family itself: here are the aspirants.
Even the historic Versace family, one of the symbols of Made in Italy in the world, is about to sell a stake in the fashion house, inviting private equity investors to make a second round of offers at the end of the month: ready…
Within a few days, according to Reuters, the traditional Italian brand Versace will continue talks with a view to the entry into the capital of a new entity with a minority stake. A painful choice, but necessary for a future rebirth,…
The Italian group led by Gian Giacomo Ferraris, after Australia and Dubai, will open its next resort in the city on the Chinese coast that has become famous for gambling and shopping - The hotel project will be presented…
The group chaired by Giacomo Ferraris, which in 2012 saw a 20% increase in revenues to 408,7 million euros and a net profit of 8,5 million from 7,9 million in 2011, has started 2013 well: "We remain hopeful…
The house founded 40 years ago and without its creator Gianni Versace since 1997 could soon pass into foreign hands: Santo, Donatella and Allegra Versace Beck (who owns 50%) have entrusted Goldman Sachs with the task of finding a…
