MILAN, Italy - Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will n ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

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

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that ...

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

Designer fashion company Prada will acquire rival fashion house Versace. The transaction is expected to close in the second ...

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

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 Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.