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

Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

Prada has just agreed to buy Versace for $1.38 billion, weeks after Donatella Versace, the original owner, stepped down.

The long-rumored sale has officially been finalized amid speculation following Donatella Versace’s exit as creative director ...

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