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Bonjour Proposes HK$107.5 Million Rights Issue

MT Newswires Live

Luk Fook Holdings International - Qtrly Mainland China Market Same Store Sales +2%

THOMSON REUTERS

BRIEF-Bonjour Holdings Announces Proposed Rights Issue

Bonjour Holdings - Proposed Rights Issue on Basis of 3 Rights Shares for Every 1 Existing Share at HK$0.080 per Rights Share

THOMSON REUTERS

Hong Kong Stocks End Week Higher Despite Tariff Tensions; Prada Rises

MT Newswires Live

BUZZ-Stellantis drops as Q1 shipments disappoint

Prada to Purchase Versace for $1.38 Billion; Shares Rise 3%

MT Newswires Live

BUZZ-Prada's HK shares jump on $1.38 billion Versace deal

Correction to Prada Deal for Versace at Risk of Collapsing With Market in Turmoil on April 9

Prada's Acquisition of Versace Looks Positive but Brings Challenges -- Market Talk

Prada to buy rival Versace in $2.3 billion deal

Sydney Morning Herald

Capri Stock Is Plummeting on $1.38 Billion Sale of Versace to Prada -- Barrons.com

Versace Seems a Good Fit in Prada's Portfolio, But Revamp Will Take Time -- Market Talk

Prada CEO Says Versace Integration Requires Long-Term Mindset -- Market Talk

Prada's Acquisition of Versace Makes Sense -- Market Talk

Prada Strikes $1.4 Billion Deal for Versace -- Update

Capri to Sell Versace to Prada for Roughly $1.38 Billion

MT Newswires Live

Italy's Prada agrees to buy fashion rival Versace

Prada Spa - Deal for Enterprise Value of US$1.375 Bln

THOMSON REUTERS

Prada Spa - Discloseable Transaction in Relation to the Acquisition of the Versace Group

THOMSON REUTERS

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Chen will also be able to subscribe for up to 233,589,172 unsubscribed rights shares to retain his 50.28% stakeholding in the firm.Chen holds 225,097,293, or 50.28% of the company's issued share capital as of April 17.The rights issue and placing are subject to shareholder appr","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1525","00653","BK1601","BK1602","BK1224"],"gpt_icon":0},{"id":"2528718506","title":"Luk Fook Holdings International - Qtrly Mainland China Market Same Store Sales +2%","url":"https://stock-news.laohu8.com/highlight/detail?id=2528718506","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528718506?lang=en_us&edition=fundamental","pubTime":"2025-04-17 19:19","pubTimestamp":1744888747,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250417:nFWN3QU2OW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1502","BK1602","BK1224","BK1601","00590","BK1545"],"gpt_icon":0},{"id":"2528823427","title":"BRIEF-Bonjour Holdings Announces Proposed Rights Issue","url":"https://stock-news.laohu8.com/highlight/detail?id=2528823427","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528823427?lang=en_us&edition=fundamental","pubTime":"2025-04-17 09:47","pubTimestamp":1744854456,"startTime":"0","endTime":"0","summary":"BRIEF-Bonjour Holdings Announces Proposed Rights IssueApril 17 (Reuters) - Bonjour Holdings Ltd 0653.HK:PROPOSED RIGHTS ISSUE ON BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE AT HK$0.080 PER RIGHTS SHAREFurther company coverage: 0653.HK ((Reuters.Briefs@thomsonreuters.com;;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250417:nFWN3QU2MM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1224","BK1602","BK1601","00653","BK1525"],"gpt_icon":0},{"id":"2528200041","title":"Bonjour Holdings -  Proposed Rights Issue on Basis of 3 Rights Shares for Every 1 Existing Share at HK$0.080 per Rights Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2528200041","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528200041?lang=en_us&edition=fundamental","pubTime":"2025-04-17 08:01","pubTimestamp":1744848084,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250417:nFWN3QU2MM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1224","BK1602","BK1601","00653","BK1525"],"gpt_icon":0},{"id":"2526065594","title":"Hong Kong Stocks End Week Higher Despite Tariff Tensions; Prada Rises","url":"https://stock-news.laohu8.com/highlight/detail?id=2526065594","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526065594?lang=en_us&edition=fundamental","pubTime":"2025-04-11 17:55","pubTimestamp":1744365355,"startTime":"0","endTime":"0","summary":"Hong Kong stocks reversed losses in the morning session to cap off the week with gains, as China stood firm in the face of its tariff war against the US.The Hang Seng Index rose 1.13%, or 232.91 points, to end Friday's session at 20,914.69. The Hang Seng China Enterprises Index climbed 1.74%, or 133.13 points, to 7,801.51.On Friday, Beijing raised its tariffs on US goods to 125%, countering Washington's overnight move to hike duties on Chinese imports to 145%.This latest tit-for-tat action underscores the deepening rift between the two economic superpowers, threatening to disrupt global supply chains and destabilize international trade.Mainland buying of Hong Kong stocks added to the day's gains. South China Morning Post reported that mainland investors bought over HK$7 billion of Hong Kong-listed shares on Friday, bringing the total to HK$77.6 billion this week.In corporate news, shares of Prada  rose over 2% after the luxury brand announced that it would acquire rival Versace from Ca","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["HSI","BK1227","BK1502","02833","BK1545","LU0181495838.USD","BK1577","MCHmain","513600","LU0326950275.SGD","HHImain","BK1602","01913"],"gpt_icon":0},{"id":"2526872186","title":"BUZZ-Stellantis drops as Q1 shipments disappoint","url":"https://stock-news.laohu8.com/highlight/detail?id=2526872186","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526872186?lang=en_us&edition=fundamental","pubTime":"2025-04-11 15:46","pubTimestamp":1744357607,"startTime":"0","endTime":"0","summary":"BUZZ-Stellantis drops as Q1 shipments disappoint** Shares of Stellantis STLAM.MI, STLAM.PA fall as much as 2.8%, near their record lows, after the Franco-Italian carmaker reported 9% drop in Q1 shipments** \"A soft start to the year, even before the possible tariffs storm,\" Oddo analysts say, as the potential impact of U.S. President Donald Trump's tariffs may be felt from Q2** \"Whilst we believe that STLA is mending its relationships with global stakeholders slowly, a prerequisite for the stabilisation of the company, underlying shipments have remained weak,\" Citi says** \"This volume cannot simply be recovered with new model launches,\" Citi adds** By 0741 GMT, Stellantis' Milan-listed and Paris-listed shares have pared some of the losses and are down around 0.7%** Since their trading debut in January 2021, its Milan-listed shares are down 36.8%  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250411:nL5N3QP0EK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1511","01150","BK1114","BK1602","BK1601"],"gpt_icon":0},{"id":"2526501726","title":"Prada to Purchase Versace for $1.38 Billion; Shares Rise 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2526501726","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526501726?lang=en_us&edition=fundamental","pubTime":"2025-04-11 12:49","pubTimestamp":1744346988,"startTime":"0","endTime":"0","summary":"Prada  will acquire rival Versace from Capri Holdings for an enterprise value of $1.375 billion, according to a Thursday filing with the Hong Kong bourse.The Hong Kong-listed fashion company will fund the transaction through 1.5 billion euros of new debt, comprising a 1-billion-euro term loan and a 500-million-euro bridge loan facility, according to a separate press release by Prada.Completion is slated for the second half of 2025, Prada said.Versace will maintain its identity and \"cultural authenticity\" following the deal, Prada said.Citigroup Global Markets Europe and Goldman Sachs Bank Europe serve as financial advisers to the deal.Prada's shares rose 3% in Hong Kong during Friday's late morning trading.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1227","BK1502","BK1545","BK1577","LU2750360641.GBP","IE0034235188.USD","LU0326950275.SGD","LU0181495838.USD","IE00B19Z3581.USD","01913","LU2237443622.USD","IE0002270589.USD","LU2237438978.USD","LU2237443382.USD","LU2471134523.USD","LU0061475181.USD","LU1668664300.SGD","LU2471134952.CNY","LU1791807156.HKD","LU0251142724.SGD","LU0048573561.USD","LU0096364046.USD","IE00B19Z3B42.SGD","IE0004086264.USD","LU0251131958.USD","BK4550","LU2237443549.SGD","LU2237443895.HKD","IE0004091025.USD","LU0742534661.SGD","LU2471134796.USD","IE00BFXG1179.USD","BK4504","LU2237443978.SGD","LU1868837136.USD","BK4585","IE00BSNM7G36.USD","BK1602","LU1868836914.USD","LU1868836757.USD","LU2471134879.HKD","LU2237443465.HKD","LU1868836591.USD","BK4127","BK4552","LU1868837300.USD","BK4533","BK4516","BK4588","LU0106831901.USD"],"gpt_icon":0},{"id":"2526757731","title":"BUZZ-Prada's HK shares jump on $1.38 billion Versace deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2526757731","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526757731?lang=en_us&edition=fundamental","pubTime":"2025-04-11 10:54","pubTimestamp":1744340048,"startTime":"0","endTime":"0","summary":"BUZZ-Prada's HK shares jump on $1.38 billion Versace deal** HK shares of Prada 1913.HK jump 7.8% to a one-week high of HK$51.6; set for steepest one-day pct rise since March 8, 2024** Prada struck $1.38 billion deal to buy smaller rival Versace from Capri Holdings CPRI.N on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues** Co's Frankfurt-listed stock 1913.F jumped 13% on Thursday** Prada CEO says Versace deal is a revenues project, not a synergies project** YTD, HK-listed stock falls ~20%, Frankfurt shares shed ~25%  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250411:nL2N3QP03B:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","LU0267386448.USD","BK4581","CPRI","LU2133065610.SGD","LU1720051108.HKD","LU0158827781.USD","LU0098860793.USD","LU1989772923.USD","BK4516","BK4534","BK4202","BK4504","LU2111349929.HKD","LU0795875086.SGD","LU1162221912.USD","LU1548497426.USD","LU1720051017.SGD","LU2028103732.USD","LU2357305700.SGD","LU1732800096.USD","LU2271345857.HKD","BK1545","LU2089284900.SGD","IE00BKVL7J92.USD","LU0006306889.USD","LU0106831901.USD","LU0795875169.SGD","BK1227","LU0181495838.USD","LU1732799900.SGD","LU0320765646.SGD","LU0971096721.USD","BK4588","LU0314104364.USD","LU0225283273.USD","LU0326950275.SGD","LU1363072403.SGD","LU2023251221.USD","IE00BZ1G4Q59.USD","01913","BK1502","LU2089283258.USD","LU2347655156.SGD","BK1577","LU1989772840.SGD","BK1602","LU1668664300.SGD","LU0106261372.USD","BK4127"],"gpt_icon":1},{"id":"2526251762","title":"Correction to Prada Deal for Versace at Risk of Collapsing With Market in Turmoil on April 9","url":"https://stock-news.laohu8.com/highlight/detail?id=2526251762","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526251762?lang=en_us&edition=fundamental","pubTime":"2025-04-11 02:07","pubTimestamp":1744308420,"startTime":"0","endTime":"0","summary":"Prada's namesake family still had to sign off on the agreement. \"Prada Deal for Versace at Risk of Collapsing With Market in Turmoil -- WSJ\" incorrectly said Versace's namesake family still had to sign off.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1502","BK4202","BK1577","01913","LU0181495838.USD","CPRI","BK1545","BK1227","BK1602","LU0326950275.SGD"],"gpt_icon":0},{"id":"2526592414","title":"Prada's Acquisition of Versace Looks Positive but Brings Challenges -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2526592414","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526592414?lang=en_us&edition=fundamental","pubTime":"2025-04-10 23:21","pubTimestamp":1744298460,"startTime":"0","endTime":"0","summary":"1521 GMT - Versace has distinctive aesthetics and strong brand awareness, but a plan to revamp the label adds risks for Prada, Stifel analyst Rogerio Fujimori says. U.S. group Capri Holdings agreed to sell Versace to Italian luxury firm Prada for $1.38 billion. On the positive side, Prada is buying Versace at a slightly lower price than expected a few weeks ago, the analyst says. Furthermore, Versace's new creative director, Dario Vitale, could reignite the brand's momentum, he adds. However, Versace has reported weak figures recently, and its turnaround plan could weigh on Prada's growth, Fujimori says. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01913","BK1602","BK1227","BK1545","LU0181495838.USD","BK1502","CPRI","LU0326950275.SGD","BK1577","BK4202"],"gpt_icon":0},{"id":"2526597665","title":"Prada to buy rival Versace in $2.3 billion deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2526597665","media":"Sydney Morning Herald","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526597665?lang=en_us&edition=fundamental","pubTime":"2025-04-10 23:06","pubTimestamp":1744297606,"startTime":"0","endTime":"0","summary":"Versace will be acquired by the Prada Group from the US luxury group Capri Holdings.","market":"nz","thumbnail":"https://images.perthnow.com.au/publication/C-18333057/ed3928f1fb223c85d453fbdd3f0d90f4bc4d8a63-16x9-x0y0w1280h720.jpg","type":0,"news_type":0,"thumbnails":["https://images.perthnow.com.au/publication/C-18333057/ed3928f1fb223c85d453fbdd3f0d90f4bc4d8a63-16x9-x0y0w1280h720.jpg"],"rights":{"source":"perthnow_stock","url":"https://www.perthnow.com.au/business/prada-to-buy-rival-versace-in-23-billion-deal-c-18333057","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.perthnow.com.au/business/prada-to-buy-rival-versace-in-23-billion-deal-c-18333057","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"perthnow_stock","symbols":["BK1545","BK1227","BK1602","BK1502","LU0326950275.SGD","LU0181495838.USD","BK1577","01913"],"gpt_icon":0},{"id":"2526594480","title":"Capri Stock Is Plummeting on $1.38 Billion Sale of Versace to Prada -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2526594480","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526594480?lang=en_us&edition=fundamental","pubTime":"2025-04-10 23:04","pubTimestamp":1744297440,"startTime":"0","endTime":"0","summary":"Italian luxury conglomerate Prada is buying Versace from Capri Holdings for $1.38 billion, the companies said Thursday -- a little over half of what Capri paid to acquire it in 2018.The transaction is expected to close in the second half of 2025.Capri stock plunged 11% to $14.53 Thursday morning. Prada stock, which trades on the Hong Kong stock exchange, closed 5% higher before the deal was announced. U.S.-listed shares were up 1%.The news isn't entirely a surprise -- there had been reports that Prada was making a bid on Versace since March. At the time, Capri shares rallied at the prospect that the sale could enable Capri to focus on improving its core Michael Kors brand, while adding another heritage Italian brand to Prada's portfolio.Earlier in April, Capri announced Chief Financial Officer and Chief Operating Officer Tom Edwards was leaving the company in June to take on the same roles at Macy's. The departure came \"somewhat as a surprise\" given Edwards' history at the company, wro","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4220","LU0963586101.USD","LU0128525689.USD","BK4103","01913","BK1227","LU1267930227.SGD","LU0070302665.USD","BK4516","CPRI","BK1502","BK1577","BK1602","BK4585","TPR","LU0052756011.USD","LU0310800965.SGD","LU0181495838.USD","LU0320765489.SGD","BK1545","BK4588","LU0326950275.SGD","BK4202","LU0208291251.USD"],"gpt_icon":0},{"id":"2526168591","title":"Versace Seems a Good Fit in Prada's Portfolio, But Revamp Will Take Time -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2526168591","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526168591?lang=en_us&edition=fundamental","pubTime":"2025-04-10 22:48","pubTimestamp":1744296480,"startTime":"0","endTime":"0","summary":"1448 GMT - Versace fits in Prada's portfolio because it complements its new owner's aesthetics well, Bernstein analyst Luca Solca says. The Italian luxury firm agreed to buy the Versace brand, known for its loud and bold designs, from U.S. group Capri Holdings in a $1.4 billion deal. Versace's loud aesthetics contrast with the more minimalist designs of the Prada brand. \"Having said that, dusting off and reinventing the brand will require much time and effort,\" Solca adds. Capri has been seeking to turn Versace around as the label has struggled with sales declines and operating losses. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01913","LU0181495838.USD","BK1502","BK1577","CPRI","BK1545","BK4202","BK1602","LU0326950275.SGD","BK1227"],"gpt_icon":0},{"id":"2526596379","title":"Prada CEO Says Versace Integration Requires Long-Term Mindset -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2526596379","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526596379?lang=en_us&edition=fundamental","pubTime":"2025-04-10 22:24","pubTimestamp":1744295040,"startTime":"0","endTime":"0","summary":"1424 GMT - Prada's CEO Andrea Guerra says the integration of Versace will require patience and a long-term mindset. Italy's Prada agreed to buy Versace from U.S. conglomerate Capri for $1.38 billion. Prada's work to reposition its existing brands shows rooting a brand properly takes time, Guerra says in a call with analysts after the Versace deal. At Prada's Miu Miu label, it took 36 to 48 months to reap the fruits, he says. With Versace, there will be no shortcuts, Guerra says. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01913","BK1602","LU0326950275.SGD","BK4202","BK1227","LU0181495838.USD","BK1577","CPRI","BK1545","BK1502"],"gpt_icon":0},{"id":"2526564058","title":"Prada's Acquisition of Versace Makes Sense -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2526564058","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526564058?lang=en_us&edition=fundamental","pubTime":"2025-04-10 21:16","pubTimestamp":1744290960,"startTime":"0","endTime":"0","summary":"1316 GMT - Prada's acquisition of Versace makes sense even though the deal could be an initial drag on the group's profitability, given the investments needed to reboot the brand, Morningstar analyst Jelena Sokolova says. The Italian luxury fashion group agreed to acquire the Versace brand from U.S. group Capri Holdings for $1.4 billion. Prada's profitability and cash position have been strengthened in recent years, helped by strong brand momentum, the analyst says. Versace has been struggling with revenue declines and reported operating losses for the past three quarters. \"Prada has definitely track record and expertise in running luxury brands that current owner Capri probably lacks,\" the analyst says. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1227","BK1577","BK4202","01913","BK1602","BK1502","LU0181495838.USD","BK1545","CPRI","LU0326950275.SGD"],"gpt_icon":0},{"id":"2526569175","title":"Prada Strikes $1.4 Billion Deal for Versace -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2526569175","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526569175?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:44","pubTimestamp":1744289040,"startTime":"0","endTime":"0","summary":"Prada said it would acquire Versace from fashion conglomerate Capri Holdings for $1.38 billion, salvaging a deal that was at risk of collapsing because of the market upheaval.The deal was announced Thursday, confirming an earlier report by The Wall Street Journal.The Journal reported Wednesday that the deal's completion was uncertain because Prada's namesake family still hadn't given its final approval. That approval came early Thursday morning, according to people familiar with the matter.President Trump's escalating trade war had been wreaking havoc across Wall Street and forcing companies to rethink big decisions, with the retail industry being hit particularly hard.Versace, which was founded more than 40 years ago, is an Italian fashion house known for its flashy and sometimes risqué designs. Last month Capri appointed Dario Vitale to succeed Donatella Versace as chief creative officer of the Versace brand.Capri, whose stable of luxury brands also include Michael Kors and Jimmy Cho","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CPRI","BK1545","LU0181495838.USD","LU0326950275.SGD","BK1577","01913","BK1602","BK1227","BK4202","BK1502"],"gpt_icon":0},{"id":"2526566748","title":"Capri to Sell Versace to Prada for Roughly $1.38 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2526566748","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526566748?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:38","pubTimestamp":1744288701,"startTime":"0","endTime":"0","summary":"Capri Holdings (CPRI) said Thursday it has agreed to sell Versace to Prada for about $1.38 billion in cash.The deal will likely close in H2, Capri added.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["01913","BK1602","LU0326950275.SGD","BK4202","BK1227","LU0181495838.USD","BK1577","CPRI","BK1545","BK1502"],"gpt_icon":0},{"id":"2526856695","title":"Italy's Prada agrees to buy fashion rival Versace","url":"https://stock-news.laohu8.com/highlight/detail?id=2526856695","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526856695?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:29","pubTimestamp":1744288148,"startTime":"0","endTime":"0","summary":"Italy's Prada agrees to buy fashion rival Versace MILAN, April 10  - Prada 1913.F has struck a deal to buy smaller rival Versace from Capri Holdings CPRI.N in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion, Prada said. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250410:nFWN3QO1GZ:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1502","BK1227","LU0181495838.USD","01913","BK1602","BK1545","LU0326950275.SGD","BK1577"],"gpt_icon":0},{"id":"2526798565","title":"Prada Spa - Deal for  Enterprise Value of US$1.375 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2526798565","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526798565?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:23","pubTimestamp":1744287828,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250410:nFWN3QO1GZ:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1545","BK1577","LU0181495838.USD","LU0326950275.SGD","BK1502","01913","BK1227","BK1602"],"gpt_icon":0},{"id":"2526565791","title":"Prada Spa - Discloseable Transaction in Relation to the Acquisition of the Versace Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2526565791","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526565791?lang=en_us&edition=fundamental","pubTime":"2025-04-10 20:23","pubTimestamp":1744287828,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250410:nFWN3QO1GZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1602","BK1545","BK1577","LU0326950275.SGD","01913","LU0181495838.USD","BK1502","BK1227"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":1,"totalSize":27,"code":"91000000","status":"200"}]}}