Capri may sell struggling Versace to Prada. That's boosting Capri's stock.

Core Viewpoint - Capri Holdings Ltd.'s stock increased by 7.8% following reports of a potential sale of its Versace brand to Prada SpA for 1.5 billion euros [1] Group 1: Company Details - The deal for Versace is valued at 1.5 billion euros, as reported by Bloomberg [1] - Versace was founded in 1878 by Gianni Versace and is currently managed by his sister, Donatella Versace [1] Group 2: Market Reaction - Capri Holdings Ltd.'s stock experienced a significant rise of 7.8% early Monday due to the news of the potential sale [1]