Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Versace Owner Talks When Next M&A Deal Might Come

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

When Versace’s parent company closes out next year with “very, very little debt”—or at least, that’s the plan—it’ll leverage that financial footing to see what’s available on the M&A front, potentially expanding its luxury holdings beyond its three household nameplates. Capri’s strategy to trim debt to just $300 million by the close of fiscal 2023,…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands