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

As Versace begins this new chapter under Prada’s umbrella, the fashion world is watching to see how this Italian alliance ...

Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...

Prada acquires Versace from Capri Holdings for $1.4 billion, reinforcing Italian luxury in the global fashion market.