News

Prada buys Versace for $1.4B to create Italian fashion powerhouse: ‘Huge potential’
The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...
Italian fashion house Versace sold to rival
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
Prada agrees to buy fashion rival Versace
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
Al Jazeera on MSN6d
Prada acquires rival Versace for $1.4bn despite tariff uncertainty
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the roughly $2.15bn, including debt ...
Live Mint on MSN7d
Prada buys rival Versace in $1.37 billion deal from Capri Holdings to create Italian fashion luxury powerhouse
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...
Asharq Al-Awsat on MSN7d
Prada Buys Versace to Create Italian Fashion Powerhouse
Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of ...
Reuters8d
Prada braves tariff uncertainty to clinch $1.4 billion deal for Versace
The Versace label, known for its Medusa head logo, was founded by Gianni Versace ... owning other brands including the fast-growing Miu Miu and Church's shoes. ($1 = 0.8994 euros) Reporting ...