The Prada Group has officially acquired Versace from the U.S. luxury group Capri Holdings. The deal was announced on Thursday ...

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

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

The Financial Times had reported that the price was initially expected to be about $1.6 billion but had been negotiated ...

Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal ...

The sale marks the second of several significant changes at the brand in recent months. In March, Donatella Versace announced plans to step down after 27 years at the brand, where she will ...

Guerra added that the recent creative shakeup at Versace, with Miu Miu head of design Dario Vitale replacing Donatella Versace as creative director effective April 1, had nothing to do with the deal.

Donatella Versace, whose family sold the business seven ... but that was before recent market turmoil over tariffs. “This transaction reflects our commitment to increase shareholder value ...

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).