Prada acquires Versace for $1.375 billion, including debt Deal strengthens Italy’s position in luxury fashion industry Prada ...

On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group ...

Italian fashion house Prada has struck a deal worth $1.375 billion with rival the US group Capri Holdings, Versace on ...

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

From Prada's major Versace acquisition to Staud's collab with The St. Regis Hotel, discover all the chic news to know today.

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

Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 ...

Andrea Guerra, Prada's group chief executive, said Thursday that Versace had "huge potential" but warned there was work to do. "The journey will be long and will require disciplined execution and ...