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Versace, Italian fashion and Prada

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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
From The Associated Press
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
The transaction is expected to close in the second half of this year and comes after Tapestry and Capri Holdings mutually decided to terminate their proposed merger agreement, which was originally va...
From Forbes

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Italian fashion house Versace sold to rival
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
Italian fashion house Prada to acquire Versace in $1.4 billion deal despite Trump tariff hurdles
Prada, led by Miuccia Prada and Patrizio Bertelli, said its Versace acquisition is set to be completed in the second half of this year.
Italy's Prada agrees to buy fashion rival Versace for $1.3 billion
Prada's $1.3 billion acquisition of Versace strengthens Italy's hand in the luxury industry led by French conglomerates.
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,
Prada Hits the FTC With a Handbag
The purchase of Versace exposes the agency’s antitrust blunder.
Versace’s ‘Quiet Luxury’ Blunder Opened Door to Prada Takeover
Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialing things down, then boosting prices.
Prada Buys Versace From Capri Holdings In Luxury House Switch
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join after Capri's collapsed merger with Tapestry.
What’s Behind the Prada Group 1.25 Billion-euro Deal to Buy Versace
Prada's management sees untapped potential in Versace’s global brand recognition, aiming to evolve its bold aesthetic and leveraging the group’s platform.
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 Versace for $1.38 billion to form luxury leader
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a better position to compete with bigger luxury rivals such as LVMH and Kering SA.
Prada Buys Versace for $1.4 Billion
The purchase officially brings the brand back into the folds of Italian luxury.
The Week in Fashion: Greta Lee and Mikey Madison Explore the Idea of Strength Through Tiffany
Based on a design from 1962, Tiffany & Co.’s HardWear collection is centered around the idea of love’s transformative strength, through chainlink-style pieces that come in rose, yellow, and white gold. So, with strength as a central concept, it’s no wonder the New York-based high jeweler chose three strong women to lead its latest campaign.
Fendi's 100 years of fashioning a Roman mythology
The Italian luxury house led by Silvia Venturini Fendi is celebrating its 100th anniversary this year. With a history shaped by the central role of women and a long-standing collaboration with Karl Lagerfeld,
Business Insider1d
Inside the Versace family's journey through fame, tragedy, and resilience
John Idol, the chairman and CEO of Capri Holdings, said in a statement after the group acquired Versace that the Italian fashion house "has represented the epitome of Italian fashion luxury." He went on to call the brand timeless. Michael Kors Holdings ...
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