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After months of speculation and inside talks, Italian luxury parent Prada Group has officially acquired Versace from Capri Holdings. For a price of €1.25 billion, Versace will join the company ...
Prada's acquisition of Versace from Capri Holdings for $1.375 billion marks a significant consolidation in Italian fashion. This strategic move aims to bolster Italy's presence in the global ...
Less than a month after Donatella Versace—the sister of the brand’s late founder Gianni Versace who took over following his 1997 assassination—stepped down from her role of creative director ...
Its acquisition of Versace will create a multi-billion-dollar luxury fashion group, putting the brands in a position to compete with the likes of French luxury fashion conglomerates LVMH and Kering.
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).
The biggest luxury deal so far in 2025 has seen Capri Holdings, the parent company of major luxury brands Michael Kors, Versace and Jimmy Choo, enter into an agreement to sell Versace to the Prada ...
Prada S.p.A.'s acquisition of Versace for $1.37 billion is a strategic move, capitalizing on market conditions to buy an undervalued brand with high potential. Capri Holdings sells Versace at a ...
Versace perfumes are not just an ordinary bottle of scent, they are a world full of opulence and allure, where every spritz tells a story of luxury, elegance, and bold individuality. From the ...
IN ONE OF THE BIGGEST shake-ups in the Italian fashion world Prada has officially acquired Versace. Yes, you read that right — Miuccia’s house of cerebral cool has taken ownership of Donatella ...
This deal is all buttoned up. Prada on Thursday announced it was buying Versace for €1.25 billion — or about $1.39 billion — in a deal that combines two of the biggest brands in luxury fashion.
MILAN - Prada has struck a deal to buy smaller rival Versace from Capri Holdings to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...