Order byBest matchMost fresh

Prada, Versace

Digest more
Top News
Overview
Prada Group reached an agreement with Capri Holdings to acquire designer brand Versace in a deal valued at $1.38 billion, Prada announced Thursday, after earlier reports indicated the two Italian fash...
From Forbes
Prada said on April 10 it will buy smaller Italian rival Versace from Capri for 1.25 billion euros, which includes its debt.
From Reuters

Read more on News Digest

Prada Buys Versace For Nearly $1.4 Billion—After Trump’s Tariffs Almost Derailed Acquisition
Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
Prada Buys Versace for $1.4 Billion
The purchase officially brings the brand back into the folds of Italian luxury.
Prada Agrees to Buy Rival Fashion House Versace in a Deal Valued at $1.4 Billion
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion house at 1.25 billion euros ($1.4 billion
Prada’s crisis-era Versace deal still looks pricey
Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed Italian group agreed to pay 1.3 billion euros ($1.4 billion) for Versace. Given Capri paid $2 billion for the brand famous for its Medusa logo in 2018,
Tariffs send Versace to the sale rack.
Prada is reportedly set to acquire Versace from Capri Holdings for $1.38 billion, scoring a $200 million discount on the previous valuation of the deal due to global trade uncertainties. Capri, which is grappling with debts and weak market demand,
Prada buys high fashion rival Versace for $1.4 billion
Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the brands announced Thursday. The deal is part of a series of shakeups at Versace,
Prada to buy Versace in a deal valued at $1.4 billion
The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion). Prada said the addition of Versace's "highly recognizable aesthetic
Prada just made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together
Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment, albeit with diverging fortunes.
Prada agrees to buy fashion rival Versace
The price Prada has agreed to pay for Versace is a big discount to the roughly $2.15 billion including debt that Capri paid for Versace in 2018. Previously known as Michael Kors, Capri bought Versace from the Versace family and Blackstone.
HelloBeautiful10h
Is Prada x Versace The Italian Fashion Plot Twist We Didn’t See Coming?
Does the "devil" now "wear Versace?" Prada just bought Italian fashion rival Versace and now everyone is wondering what is next.
Tuko on MSN18h
Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller,
Explore more
Prada to buy rival fashion brand Versace for $1.36bn
Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels. The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn), the Prada Group said on Thursday.
Vogue Business6h
What will Versace look like under Prada?
With new ownership typically comes a new look, from the clothes themselves to a brand’s backend operations. What’s next for Versace?
Prada purchases Versace in $1.4 billion deal
The high-end Italian fashion house Prada announced Thursday it has purchased its now-former rival Italian luxury fashion company Versace.
Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says
After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.
Feedback