With new ownership typically comes a new look, from the clothes themselves to a brand’s backend operations. What’s next for ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

Prada's management sees untapped potential in Versace’s global brand recognition, aiming to evolve its bold aesthetic and ...

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

In a news release, Andrea Guerra, Prada Group’s chief executive, said the acquisition would add, “a new dimension, different and complementary,” to the Group. “Versace has huge potential ...

The acquisition is a long-term project for Prada and is aimed mainly at expanding revenues rather than cost-savings, Prada Chief Executive Andrea Guerra told analysts in a conference call.

Prada CEO Andrea Guerra emphasized the strategic significance of this acquisition, stating, “The acquisition of Versace marks another step in the evolutionary journey of our Group, adding a new ...

ROME (AP) — 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 ...