On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...

Versace, the legendary Italian luxury fashion house, has always been synonymous with bold designs, opulence, and innovation.

Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 ...