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 ...

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, 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).

The punitive tariffs imposed by US President Donald Trump on other countries – including Italy – were also a cause for concern, it was reported. The purchase price for Versace, which was ...

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 ...

They were the shirts worn not just by Maradona but by Careca and Claudio Caniggia and Gianluca Vialli and many others, too, the ones that made Italian football seem so vivid and bright and stylish.

STORY: In a move to unite two of the biggest names in Italian fashion, Prada is to buy smaller rival Versace from Capri Holdings. The deal has an enterprise value of $1.375 billion, Prada said on ...

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 ...

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.

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 ...