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

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

Prada's management sees untapped potential in Versace’s global brand recognition, aiming to evolve its bold aesthetic and ...

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

“The acquisition of Versace marks another step in the evolutionary journey of our group, adding a new dimension, different and complementary,” Andrea Guerra, CEO of Prada, said in a release.

In a news release, Andrea Guerra, Prada Group’s chief executive, said the acquisition would add, “a new dimension, different and complementary,” to the Group. “Versace has huge potential ...

“Versace has huge potential. The journey will be long and will require disciplined execution and patience,” said Andrea Guerra, the CEO of Prada. The company’s chairman, Patrizio ...

Prada Chief Executive Andrea Guerra said the deal was aimed at building a “sustainable revenue growth” and boosting the brand's identity, and was not about squeezing synergies. Prada's ...