Published: March 3, 2025 at 8:57 a.m. ETCapri Holdings Ltd.’s stock soared 7.8% early Monday, after a report that the company is close to selling its Versace brand to Italian fashion company Prada SpA in a deal valued at 1.5 billion euros.The Italian family-owned Prada PRDSY has agreed to that price, Bloomberg reported, citing people familiar with the matter. Versace was founded by the late Gianni Versace in 1878 and is currently run by his sister Donatella.
