Capri’s Versace Blunders Opened Door to Prada Takeover

The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.

Apr 11, 2025 - 15:04
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Capri’s Versace Blunders Opened Door to Prada Takeover
The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.