Capri Holdings
Capri Holdings is a global fashion luxury group known for its ownership of high-profile brands, including Versace and Michael Kors. The company has been in the news recently for its decision to sell Versace to Prada for $1.38 billion, a move aimed at strengthening its financial position and allowing further investment in its flagship brand, Michael Kors.
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Capri Holdings acquired Versace in 2018 and aims to strengthen its balance sheet through the sale.
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