The Italian government welcomed a deal that appears to secure Versace’s longer-term future as other family-owned fashion brands have faltered or even disappeared after opening up to outside ...

After months of speculation and inside talks, Italian luxury parent Prada Group has officially acquired Versace from Capri Holdings. For a price of €1.25 billion, Versace will join the company ...

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...

MILAN (Reuters) - 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 ...

Both Prada and Versace are amongst the biggest names in Italian fashion. Company founder Gianni Versace was murdered in the United States in 1997. A month ago, his sister Donatella Versace ...

MILAN, Italy — Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros (P80.3 billion), building a new Italian fashion powerhouse and hoping to insert much-needed ...

Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion.

MILAN — 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 US hands, and comes as many Italian groups ...

the company’s long-standing creative director and the younger sister of founder Gianni Versace, led to her stepping aside. Italian luxury brands have also struggled with weak shopper demand on ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a better position to compete with bigger luxury rivals such as LVMH and ...