The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group ...

The purchase officially brings the brand back into the folds of Italian luxury.

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy's hand in the luxury industry led by French ...

​Can you mix Prada with Versace, or is that a fashion faux pas? One iconic Italian fashion brand is buying another — the ...

On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York group that at one point ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion). The acquisition will ...

Prada's Versace deal revives hopes for 'Made in Italy' champion Italy lacks rival to French giants, despite luxury prowess Deal marks strategic shift for Prada under CEO Andrea Guerra MILAN ...

Versace represented 20% of Capri Holdings 2024 ... "An historic ‘Made in Italy’ brand is Italian again,'' Industry Minister Adolfo Urso said. Get the latest news and more great videos at ...

“We are delighted to welcome Versace to the Prada Group and to build a new chapter for a brand with which we share a strong commitment to creativity, craftsmanship and heritage,” Prada group ...

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