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Luxury brand Prada has agreed to buy Versace for $1.38 billion in cash in a deal aimed at strengthening its position as Italy's largest ... Adam Schiff took to X and said, "Who in the ...

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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 ...

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

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 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.

Italy: Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion). The acquisition will create a ...