Prada's management sees untapped potential in Versace's global brand recognition, aiming to evolve its bold aesthetic and ...

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).

L’acquisizione per 1,25 miliardi di euro. L’ad Bertelli: “Entusiasti di lavorare con una maison che ha un dna diverso” ...

Capri, which also owns Jimmy Choo and Michael Kors, and the Prada Group have been locked in exclusive negotiations for more than a month. Capri’s initial asking price of €3bn and the future of Versace ...

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 ...

Versace’s brand equity has suffered from Capri’s policy of licensing many of its products to third parties, including Luxottica and Euroitalia. Versace’s sales fell by almost 11 per cent in ...