Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final ...

On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely ...

Versace perfumes are not just an ordinary bottle of scent, they are a world full of opulence and allure, where every spritz tells a story of luxury, elegance, and bold individuality. From the ...

By Alex Weprin Senior Editor In a billion dollar deal that shakes up the world of luxury fashion, Prada has agreed to buy Versace from its owner Capri Holdings. The all cash deal, valued at $1.375 ...

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 ...

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 ...

Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos. Prada Group bought ...

Versace, bought for 1.83 billion back in 2018, has struggled under Capri's playbook. Sales dropped 11% last quarter. Profitability? Still elusive. The brand lost its creative anchor last month ...

Goldman Sachs is reportedly leading a group of top investment banks to help Italian design giant Prada bankroll its planned $2.5 billion bid for luxury rival Versace. The David Solomon-led lender ...

The fashion conglomerate, which also owns Jimmy Choo and Michael Kors, acquired Versace for $2.1bn (£1.7bn) in 2018. Today's announcement confirms weeks of speculation surrounding Versace's change of ...

Capri Holdings (NYSE:CPRI) rose 8.3% amid reports that Prada (OTCPK:PRDSF) is close to acquiring the Versace brand for about $1.38 billion. Prada (OTCPK:PRDSF) is getting a $200 million discount ...

Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final ...