Prada's acquisition of Versace for $1.38 billion signals consolidation within Italy's fashion sector amidst heightened competition and new US tariffs. This strategic move aims to broaden Prada's reach ...

Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos. Prada Group bought ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in ...

ROME — The Prada Group announced a deal on Thursday to buy crosstown Milan fashion rival Versace from the US luxury group Capri Holdings under terms that values one of the most recognizable names in ...

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 ...

In a big move for the fashion industry, Italian luxury fashion house Prada has sealed a deal and purchased Versace for $1.38 billion. Versace and Prada, these are two of the biggest names in Italy ...

The Prada Group has announced that it has bought its smaller rival, Versace. Prada acquired the Italian fashion house from Capri Holdings (who also own Jimmy Choo and Michael Kors) for €1.25 ...

ROME -- The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

Prada is set to buy the Italian fashion brand Versace from Capri Holdings (CPRI.N) for 1.25 billion euros ($1.38 billion), said a report in The New York Times. Andrea Guerra, Prada Group’s chief ...

Gift 5 articles to anyone you choose each month when you subscribe. Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialling things down ...

Prada’s deal to buy Versace revives hopes for a ‘made in Italy’ luxury champion after many other family-founded brands ended up in French, Swiss or US hands, and comes as many Italian groups are ...