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

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...

MILAN (Reuters) - Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury ... capitalisation of about 14 billion euros ($15 billion), is the largest Italian luxury fashion group by ...

There will be no difference anymore between Prada and Versace. It will be all Prada from now on Today, Prada announces that ...

​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 ...

MILAN (Reuters) - Prada's deal to buy Versace revives hopes for a 'Made ... 14 billion euros ($15 billion), is the largest Italian luxury fashion group by revenue. But the group, which also ...

Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos. Prada Group bought ...

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 seeking ...

The Prada Group has announced the purchase of the Versace fashion house from the US luxury group Capri Holding in a cash deal valued at $1.4 billion.