Milan just got more interesting. One of fashion’s flashiest names, Versace, is now officially part of Prada. The €1.25 billion deal was announced on Thursday, shaking up the luxury fashion ...

(Bloomberg) -- Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialing things down, then boosting prices. When his company, Capri Holdings Ltd., ...

“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,” said Patrizio ...

ROME -- 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).

MILAN, Italy — 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).

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...

The price Prada has agreed to pay for Versace is a big discount to the roughly USD 2.15 billion including debt that Capri paid for Versace in 2018. Listen to Story Deal unites major Italian fashion ...

In a monumental move within the luxury fashion industry, the Prada Group has announced the acquisition of iconic fashion house Versace in a deal valued at 1.25 billion euros ($1.4 billion). The ...