Ahead of the Met Gala, The Devil Wears Prada alum got into theme early by slipping into a Versace power suit for an event in ...

Luxury fashion firm Prada Group reached an agreement with Capri Holdings to acquire designer brand Versace in a deal valued at $1.38 billion, Prada announced Thursday, after earlier reports ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then known as Michael Kors, paid for Versace in 2018 when it was sold by the ...

Prada said that it had reached a deal to buy Versace for 1.25 billion euros, building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.

Two of the most well-known Italian fashion brands are officially joining forces. Prada has agreed to buy Versace from Capri Holdings for $1.375 billion, CNN reported on Thursday. That’s slightly less ...

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 ...

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...

Style icon, visionary, source of inspiration and more: today Donatella Versace turns seventy. A different birthday, for the ...

Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels. The deal to unite the two Italian brands has an estimated value of ...

The FTC argued the merger would give Tapestry a dominant market share by combining Coach, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, and Versace under one owner. Now Prada has stepped ...

Prada, which is helmed by Miuccia Prada—the daughter of founder Mario Prada—noted that Versace offers a segue into previously “untapped growth potential” for the brand." “Versace will ...