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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

  • T. Rowe Price Boosts US Equity Exposure Amid Inflation Concerns
    May 22, 2026, 6:32 AM EDT. T. Rowe Price is reducing its holdings in Australian equities and fixed income due to worries over inflation and geopolitical risks impacting growth. The firm is increasing exposure to US stocks, reflecting confidence in the U.S. market's resilience. In its May report, the asset manager cited rising energy supply risks and geopolitical tensions as key factors influencing the shift in asset allocation. This move highlights growing caution in markets amid global uncertainty.

Latest articles

GlobalFoundries Stock Jumps on $375 Million Quantum Deal as U.S. Takes Stake in GFS

GlobalFoundries Stock Jumps on $375 Million Quantum Deal as U.S. Takes Stake in GFS

22 May 2026
NEW YORK, May 22, 2026, 06:04 (EDT) GlobalFoundries Inc. heads into Friday’s U.S. session with its stock back in the center of the quantum trade, after GFS closed Thursday at $81.35, up about 15%, on news that the Commerce Department plans a $375 million award and a roughly 1% government stake in the contract chipmaker. The shares traded 11.0 million times, more than triple Wednesday’s volume, company price data showed. (GlobalFoundries Inc.) The timing matters. Washington is putting fresh money into quantum computing, a still-early technology that aims to solve some problems far faster than conventional computers, while also trying
Stocks Trade as Usual Today, Bonds Close Early Ahead of Memorial Day

Stocks Trade as Usual Today, Bonds Close Early Ahead of Memorial Day

22 May 2026
U.S. stock exchanges will hold a normal session Friday, while the bond market is set to close early ahead of Memorial Day. Stock index futures rose early, with Dow e-minis up 0.3% and the 10-year Treasury yield down to 4.56%. Both markets will be closed Monday for the holiday. Thursday’s close left the S&P 500 up 0.2% at 7,445.72.
T. Rowe Price Now in Focus as PNC Trims Stake

T. Rowe Price Now in Focus as PNC Trims Stake

22 May 2026
PNC Financial Services cut its T. Rowe Price Group stake by 4.3% in Q4, selling 22,521 shares, according to a 13F filing. T. Rowe reversed its overweight in Australian equities and increased U.S. exposure amid inflation concerns. April assets under management rose to $1.825 trillion, but net outflows totaled $10.6 billion. First-quarter earnings per share reached $2.52, beating estimates.
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