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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).
Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment ...
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in ...