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Prada has officially announced the acquisition of iconic fashion house Versace. The deal, valued at around $1.4 billion in cash, was confirmed by Prada on Thursday. The move signals a major shift ...

The Prada Group announced a deal to buy Italy's Versace from the U.S. luxury group Capri Holdings. NBC News' Maya Eaglin reports on the $1.4 billion deal and what made both brands household names.

“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).

Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion). 'Mera ground hai ye': KL Rahul makes a ...

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).

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Prada has agreed to acquire Versace from U.S.-based Capri Holdings for €1.25 billion ($1.39 billion). The deal will create a luxury group with over €6 billion in annual revenue, aiming to better ...

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A logo of Prada is seen at a store in Hong Kong ...

Milan (Italy) (AFP) – Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much ...