News

The purchase officially brings the brand back into the folds of Italian luxury.
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
Can you mix Prada with Versace, or is that a fashion faux pas? One iconic Italian fashion brand is buying another — the Prada Group announced this week that it’s buying the luxury design house ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada ...
On Thursday, Prada (PRDSY) formally agreed to buy Versace from US luxury conglomerate Capri Holdings (CPRI) for $1.38 billion, uniting the two Italian fashion brands under one roof. The ...
Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels. The deal to unite the two Italian brands has an estimated value of ...
Italian fashion brand Miu Miu won’t be saying “arrivederci” to Midtown anytime soon. The length of the renewal and asking rent were unclear, but CBRE (CBRE)’s report found retail rents in Manhattan ...
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
After months of tense negotiations, Prada announced yesterday it is buying Versace in a $1.375billion (£1.06billion) deal set to unite two of the biggest brands in Italian fashion. It cements ...