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After months of speculation and inside talks, Italian luxury parent Prada Group has officially acquired Versace from Capri Holdings. For a price of €1.25 billion, Versace will join the company ...

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

Prada's acquisition of Versace from Capri Holdings for $1.375 billion marks a significant consolidation in Italian fashion. This strategic move aims to bolster Italy's presence in the global ...

On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely ...

Two of the biggest names in Italian fashion, Prada and Versace, will merge, the companies announced Thursday. Prada shelled out $1.375 billion to acquire its smaller rival—which has been ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros (R27 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, ...