The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership. Read more at straitstimes.com.

In person, they couldn't be more different. One loves skin-tight leather, four-inch heels, bottle-blonde hair and a mahogany ...

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

S&P 500 sinks 3.5% as Wall Street swings from euphoria back to worries about US-China trade war ...

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group ...

Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion).

Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.

Explore Versace's history, from Gianni's iconic designs and Donatella's leadership to the Prada acquisition. Discover the ...