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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 ...

Led by the dynamic duo of Miuccia Prada and Patrizio Bertelli, with CEO Andrea Guerra steering the ship, Prada Group is calling this acquisition a bold bet on the future, not a penny-pinching move.

Add articles to your saved list and come back to them any time. Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialling things down, then ...

MILAN, April 11 — Prada said yesterday that it had reached a deal to buy Versace for €1.25 billion (RM6.28 billion), building a new Italian fashion powerhouse and hoping to insert much-needed “spark” ...

Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment ...

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

Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the brands announced Thursday. The deal is part of a series of shakeups at ...

ROME (AP) — 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 ...

Now that the merger between Prada and Versace has been finalized, what will happen next? Will Prada be able to maintain Versace's DNA as promised by the Milanese company in todays press release? The ...

MILAN (Reuters) - Prada (OTC:PRDSY)'s deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other family-founded brands ended up in French, Swiss or U.S. hands ...