Capri Holdings Enters Into Definitive Agreement to Sell Versace to Prada S.p.A.

LONDON, April 10, 2025–Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, today announced that it has entered into a definitive agreement to sell Versace to Prada S.p.A. (HKSE: 1913) for $1.375 billion in cash subject to certain adjustments. The transaction is expected to close in the second half of calendar 2025, subject to customary closing conditions including regulatory approvals.

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Yahoo! Finance: CPRI News

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