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-needed “spark” into its ...

The Prada Group announced a deal Thursday (April 10) to buy crosstown Milan fashion rival Versace from the US luxury group Capri Holdings under terms that values one of the most recognisable ...

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 ...

He’s sold Versace to Prada SpA for $1.38 billion ... And Versace stopped putting handbags on sale at its full-price boutiques. The shift “is painful,” Idol said, “but it is the right ...

“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).

Prada is set to buy the Italian fashion brand Versace from Capri Holdings (CPRI.N) for 1.25 billion euros ($1.38 billion), said a report in The New York Times. Andrea Guerra, Prada Group’s chief ...

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 ...