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 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, ...

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn), the Prada Group said. Its acquisition of Versace will create a multi-billion-dollar luxury fashion group ...

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 ...

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion, Prada ...

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...

So it’s amusing that one of her antitrust misadventures is benefiting the paupers at Prada.

In a move signalling a major consolidation in the global fashion industry, Prada Group has announced its intention to acquire Italian luxury brand Versace in an all-cash deal valued at €1.25 ...

On Thursday (10 April), Prada Group agreed to acquire Versace from Capri Holdings in a $1.375bn (£1bn) deal, confirming weeks of speculation and consolidating two of Italy’s largest fashion businesses ...

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 ...