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By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York ...

Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialing things down, then boosting prices. When his company, Capri Holdings Ltd., acquired the ...

It will be funded by 1.5 billion euros in new debt and has been approved by the Prada and Capri Holdings board of directors. “Versace will maintain its creative DNA and cultural authenticity ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its ...

The couple are leading shareholders in the company. Donatella Versace, whose family sold the business seven years ago, praised the new partnership. “Gianni and I have always had a huge ...

Amidst the news that Joe Flacco signed a one-year deal worth up to $13 million with the Cleveland Browns, ESPN's Adam Schefter revealed that both the Steelers and Minnesota Vikings had ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its ...