CAPRI HOLDINGS news and archive

Versace to merge its Versus and Versace Jeans collections

It has only been a month since Versace announced it was to be sold to Michael Kors' parent company Capri Holdings for a reported sum of 2.12 billion dollars. As an early indicator of change, and perhaps cost-saving measures under its new structuring, Versace is to integrate its Versus line into Versace Jeans. Versace Chief Executive Jonathan...

Fashion

Versace to show pre-fall in New York

First came their acquisition by Capri Holdings, formerly Michael Kors Holdings. Now, Versace apparently is getting a little more American at heart with a fashion show on December 2 at 7 p.m. for their pre-fall collection. The news was first reported by WWD. December 2 holds a special place in Versace creative director Donatella Versace's heart,...

NewsFeatured

3 tips for staff after your fashion brand has been acquired

In a capitalist economy, mergers and acquisitions are the key to success and this is more relevant than ever for the global fashion industry. When it comes to multinational luxury companies, Kering, LVMH and Richemont dominate the sector. In recent years, Capri Holdings (previously known as Michael Kors) and Coach are setting their sights on...

Fashion

Donatella Versace hits back at critics

London - Following Michael Kors Holding’s announcement that it was acquiring Italian fashion house Versace, Donatella Versace has been receiving criticism across social media, about how the designer label could still be Italian as well as how she could still be heading up the creative direction of the brand, and the fashion designer has hit...

BusinessFeatured

Capri Holdings announces strategic plans to grow Versace

Capri Holdings, the newly renamed Michael Kors Holdings, has confirmed an ambitious strategic plan for the long-term growth of Versace, following its acquisition of the Italian fashion house Gianni Versace S.p.A for a total value of 1.83 billion euros (approximately 2.12 billion US dollars). The American luxury conglomerate, Capri Holdings,...