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).

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 ...

On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros (R27 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, ...

Two of the biggest names in Italian fashion, Prada and Versace, will merge, the companies announced Thursday. Prada shelled out $1.375 billion to acquire its smaller rival—which has been ...

April 11, 2025 Prada braves tariff uncertainty to clinch $1.4 billion deal for Versace Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that ...

Fashion brand Prada has agreed to buy its smaller rival Versace for $1.38bn from Capri Holdings, bringing together two of the biggest names in Italian fashion and the prospect of enhanced revenues.

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 (Reuters) -Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion and offers the ...

With its bold, baroque-style prints, owning Versace will attract customers to Prada, known for its minimalist style. "There are no overlaps in creativity or customers," said Lorenzo Bertelli ...

A man opens the door to a Prada store in New York City, U.S., April 10, 2025. (Reuters/Kylie Cooper) Prada 1913.HK is seeking to expand, having defied a slowdown in luxury demand, while Versace has ...

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).