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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 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 ...
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 ...
The biggest luxury deal so far in 2025 has seen Capri Holdings, the parent company of major luxury brands Michael Kors, Versace and Jimmy Choo, enter into an agreement to sell Versace to the Prada ...
Luxury fashion firm 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 ...
This deal is all buttoned up. Prada on Thursday announced it was buying Versace for €1.25 billion — or about $1.39 billion — in a deal that combines two of the biggest brands in luxury fashion.
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 ...
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 ...
MILAN - Prada has struck a deal to buy smaller rival Versace from Capri Holdings to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...