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On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely ...

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 ...

Led by the dynamic duo of Miuccia Prada and Patrizio Bertelli, with CEO Andrea Guerra steering the ship, Prada Group is calling this acquisition a bold bet on the future, not a penny-pinching move.

Prada acquired the Italian fashion house from Capri Holdings (who also own Jimmy Choo and Michael Kors) for €1.25 billion pending approval, following negotiations that began in February this year.

Capri, which also owns Jimmy Choo and Michael Kors, had to accept a reduced price from Prada amid the market turmoil caused by US President Donald Trump's tariffs [Image: Stephanie de Sakutin/AFP] ...

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 ...

For the last few weeks, the haute couture grapevine has been buzzing with whispers of Prada Group acquiring Versace. V can tell you, the rumors are true. The Group, which owns Prada (of course), Miu ...

Milan (Italy) (AFP) – 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 ...

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 ...