In a groundbreaking move in the luxury fashion world, Prada has agreed to acquire Versace from Capri Holdings for $1.375 billion, including debt. This deal unites two of Italy’s most iconic fashion ...

Versace is set to join Prada Group's luxury conglomerate later this year. It will become Prada Group's third-largest brand by ...

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

Capri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

Prada's $1.3 billion acquisition of Versace strengthens Italy's hand in the luxury industry led by French conglomerates.

Capri Holdings has sold the Versace brand to the Prada Group in a deal that is expected to close in the second half of 2025.

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

Prada on Thursday announced it was buying Versace for €1.25 billion -- or about $1.39 billion -- to combine two top names in ...

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