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In a big move for the fashion industry, Italian luxury fashion house Prada has sealed a deal and purchased Versace for $1.38 ... was unable to speak…, her life became hell after marrying father ...

While end-of-season sales on apparel and footwear still start at 50 per cent, the second markdown is now 60 per cent, the company said, versus 70 per cent in the past. And Versace stopped putting ...

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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 ...

The acquisition will be funded through €1.5 billion of new debt and is expected to be completed in the second half of 2025. Preserving Versace ... infuse it with new life,” said design ...

The deal, funded through 1.5 billion euros of new debt, is expected to close in the second half of 2025. The two fashion labels have starkly different styles, with Versace’s exuberance ...

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a second source said. The purchase price of $1.4 billion for Versace barely changed since negotiations progressed seriously in January, the sources added. “This transaction reflects our ...