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 for Versace, which includes debt, is a big discount to the roughly $2.15bn, including debt ...

Prada is acquiring crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings for about 1.25 billion ...

The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...

With new ownership typically comes a new look, from the clothes themselves to a brand’s backend operations. What’s next for ...

Milan Design Week, which is just wrapping up, is an annual affair that draws in the biggest names in fashion, such as Armani, ...

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the ...

Versace merger can bring major transformation in the fashion industry with the merger of these two iconic brands.