Models wear creations as part of the Versace Fall/Winter 2025-2026 Womenswear collection presented in Milan, Italy, Friday, Feb. 28, 2025. (AP Photo/Luca Bruno)(Luca Bruno / AP) The deal will put ...

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 ...

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

MILAN, Italy — Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...

Prada's Versace deal revives hopes for 'Made in Italy' champion Italy lacks rival to French giants, despite luxury prowess Deal marks strategic shift for Prada under CEO Andrea Guerra MILAN ...

Two of the biggest names in Italian fashion, Prada and Versace, will merge, the companies announced Thursday. Prada shelled out $1.375 billion to acquire its smaller rival—which has been ...

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 ...

Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other family-founded brands ended up in French, Swiss or U.S. hands, and comes as many Italian groups are ...

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 a luxury industry led by French conglomerates.

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.