Renowned Italian fashion house, Prada SpA, is reportedly in the final stages of acquiring Versace from Capri Holdings Ltd. The acquisition value is estimated to reach almost 1.5 billion, or around ...

In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...

The deal bucks the trend of recent years, which has seen major names in Italian fashion such as Gucci, Fendi, and Bottega Veneta fall under the control of their French competitors. However ...

Despite a global slowdown in luxury good sales in recent years, Prada's net profit jumped 25 percent to 839 million euros in 2024 ... trend of recent years, which has seen major names in Italian ...

So we'd expect nothing less from the Italian fashion house's new ski offering. The Giorgio Armani Neve Fall 2024 collection is both functional and, well, fabulous. Technical pieces featuring ...

U.K. Her focus is on internet trends, U.S. politics and popular culture. She has covered fashion, culture, art and music extensively. Marni joined Newsweek in 2024 from Frasers Group and had ...

Italian fashion house Valentino's operating profit dropped 22% last year, the company said on Friday, as the luxury sector ...

Versace represented 20% of Capri Holdings 2024 revenue ... The Italian government welcomed a deal that appears to secure Versace’s longer-term future as other family-owned fashion brands have ...

Italian luxury brand Prada on Thursday confirmed ... However, with changing fashion trends favoring “quiet luxury,” the company faced challenges in maintaining Versace’s appeal with its ...

and Sean Trende start the show with a look at some interesting demographic trends reported by David Shor about the 2024 election results.

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...