Donatella Versace is giving up the creative reins of luxury fashion label Versace after nearly three decades, it was announced Thursday, effectively ending the family’s hold over the brand founded by ...

Gianni Versace was heralded as a genius for his eponymous Versace fashion house. His siblings, Donatella and Santo, and niece, Allegra, took over the brand after his murder in 1997. Donatella ...

Huge change is afoot in Milan with the news that Donatella Versace is set to step down from her position as chief creative officer of her late brother Gianni Versace's namesake fashion house ...

Now, a new power play is taking place as the Prada Group wants to acquire Versace from Capri Holdings in a $1.6 billion USD (~$2.5 billion AUD) deal that could drop as soon as this month.

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(AP Photo/Luca Bruno, File) ROME (AP) — The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace ...

An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructuring Versace, which has faced mismanagement and operates at a ...

Prada seeks to expand despite luxury demand slowdown Versace could take years to restructure, affect short-term Prada profits Prada has skills to address Versace's shortcomings MILAN, March 4 ...

(Bloomberg) -- Capri Holdings Ltd. shares jumped as the U.S. company moves closer to a sale of its Italian luxury brand Versace to Prada ... and is set to report earnings Tuesday.