On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival ...

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

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy's hand in the luxury industry led by French ...

MILAN (Reuters) - Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other ...

Prada acquires Versace for $1.375 billion, including debt Deal strengthens Italy's position in luxury fashion industry Prada aims to expand Versace's potential with disciplined execution US Capri ...

This marks the end of Capri Holdings’ attempt to create an American luxury group to rival LVMH and Kering, while signaling an ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership. Read more at straitstimes.com.

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...