By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York ...

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 ...

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 ...

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 ...

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 ...

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 ...

“We aim to continue Versace’s legacy celebrating and re-interpreting its bold and timeless aesthetic,” Patrizio Bertelli, the chairman of Prada, said in a statement. “At the same ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in ...

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 ...