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​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 ...
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 Associated Press on MSN15d
Italian fashion house Versace sold to rivalThe Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
There will be no difference anymore between Prada and Versace. It will be all Prada from now on Today, Prada announces that ...
Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.
Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having ...
in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in the last few ...
April 10 (UPI) --The high-end Italian fashion house Prada announced Thursday it has purchased its rival Italian luxury fashion company Versace. Prada paid $1.375 billion in cash for the ...
Prada has snapped up rival luxury label Versace in a Euros1.25 billion (£1. 1 billion) takeover deal. The elite fashion house acquired Versace ... bought Versace for $2.1 billion in 2018. The Italian ...
In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
Prada acquires Versace from Capri Holdings for $1.4 billion, reinforcing Italian luxury in the global fashion market.
Founded in 1978 in Milan, Versace is one of the leading international fashion design houses and the epitome of Italian luxury worldwide. Building on a remarkable brand awareness, Versace is a ...
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