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NYSE:CPRI 23 August 2025 - 3 December 2025

Prada Completes $1.4 Billion Versace Acquisition: What Comes Next for Italian Luxury

Prada Completes $1.4 Billion Versace Acquisition: What Comes Next for Italian Luxury

Prada Group completed its acquisition of Versace from Capri Holdings on December 2, 2025, in an all-cash deal valued between €1.25 and €1.3 billion. Versace will represent about 13% of Prada Group revenues. The deal followed regulatory approval after Capri’s failed merger with Tapestry earlier in the year. Prada funded the purchase largely through €1.5 billion in new debt.
3 December 2025
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Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Prada Group completed its €1.25 billion ($1.4 billion) acquisition of Versace from Capri Holdings on December 2, 2025, after securing regulatory approvals. The deal is the largest in Prada’s history and adds Versace to a portfolio that includes Prada and Miu Miu. Versace accounted for about 20% of Capri’s 2024 revenue. Prada heir Lorenzo Bertelli will serve as Versace’s executive chairman.
2 December 2025
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2025’s Most Popular Men’s and Women’s Watches – Luxury Icons, Smartwatch Superstars, Fashion Favorites & Affordable Gems

2025’s Most Popular Men’s and Women’s Watches – Luxury Icons, Smartwatch Superstars, Fashion Favorites & Affordable Gems

Swiss watch exports hit a record CHF 26.7 billion in 2023. Rolex surpassed CHF 10 billion in annual revenue, selling about 1.24 million watches and capturing 30% of the market. The Big Four brands account for nearly 44% of Swiss watch market value. Smartwatches reached 455 million users worldwide, with Apple holding a 21% share.
23 August 2025
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Stock Market Today

  • US Stocks, Bonds, and Gold Slide Amid Iran Conflict and Rising Oil Prices
    March 20, 2026, 4:11 PM EDT. US stocks and bonds declined sharply as the Iran war intensified, pushing oil prices up and gold to its worst week in 40 years. The Russell 2000 index fell 2.7%, nearing correction territory (a 10% drop from peak). The Dow dropped 444 points (0.96%), S&P 500 fell 1.51%, Nasdaq slumped 2.01%, with the Nasdaq nearly in correction at down 9.65% since late October. The conflict raised energy prices, elevating inflation concerns and complicating central bank policies. Treasury yields surged, with the 10-year yield reaching 4.39%, the highest since July. Gold plunged 2% on Friday, marking a 10% weekly loss. Brent crude rose 3.26% to $112.19 per barrel. Market uncertainty persists over conflict duration and oil prices, with investors cautious about further downside.
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