We now expect 2025 to be another depressed year for the brand.

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and ...

LVMH reports a 3% drop in Q1 organic sales, fueled by declines in luxury and spirits. Explore market impacts and the brand's ...

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...

Capri, which also owns Jimmy Choo and Michael Kors, had to accept a reduced price from Prada amid the market turmoil caused by U.S. President Donald Trump's tariffs.

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival ...

Prada's acquisition of Versace rekindles hopes for a dominant Italian luxury fashion group as these brands return to Italian ...

The combined revenue of the five biggest Italian-owned listed luxury groups - Prada, Moncler, Ermenegildo Zegna, Brunello Cucinelli and Ferragamo - is still well below Kering's roughly 17 billion ...