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Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
- 08/25/2024, 4:43 AM
- businessinsider.com
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Versace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge blocked its proposed merger with Tapestry, the parent of fashion brands Kate Spade and Coach.
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