Prada acquires Versace for $1.375 billion; Capri Holdings shares gain 5.3%💡

Shares of Capri Holdings (CPRI.US) are up nearly 5.5% pre-market open after Prada agreed to acquire Versace for $1.375 billion, the company’s enterprise value. Prada is turning a new leaf in combining two of Italy’s biggest fashion brands to compete with French houses.

It’s worth recalling that Versace has been losing money and struggling for some time now. Recently, former creative director Donatella Versace decided to step down, signaling a big shakeup at the company.

“Our goal is to continue the Versace legacy, celebrating and reinterpreting its bold and timeless aesthetic,” Prada CEO Patrizio Bertelli said.

The price Prada agreed to pay for Versace is a big discount to the roughly $2.15 billion, including debt, that Capri paid for Versace in 2018.

The company's shares are in a long-term downtrend. However, the company's shares are gaining as much as 5.5% before the session. Source: xStation

27 July 2026, 7:58 AM

Economic Calendar: What you need to watch closely this week❓ (27.07.2026)

27 July 2026, 6:28 AM

Morning Wrap: The weekend slump in oil prices is accelerating 💥 (27.07.2026)

24 July 2026, 6:55 PM

Daily Summary: Equities Diverge as Tech Lags, Europe Rallies on Earnings & PMIs (24.07.2026)

24 July 2026, 3:22 PM

US OPEN: Nasdaq hits 1-month low! Geopolitics bring AI trade down!

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days