MILAN, March 14 (Reuters) - Luxury fashion group Prada's (1913.F), opens new tab CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group is in talks to buy ...

Now, a new power play is taking place as the Prada Group wants to acquire Versace from Capri Holdings in a $1.6 billion USD (~$2.5 billion AUD) deal that could drop as soon as this month.

In the midst of a luxury slowdown, Prada and Miu Miu are on the up again. Overall, Prada Group’s revenues climbed 15% (or 17% at constant exchange rates) to reach €5.43 billion EUR ...