Donatella Versace Allegra

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Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the brands announced Thursday. The deal is part of a series of shakeups at Versace, where longtime creative leader Donatella Versace stepped aside last month.

InStyle on MSN · 7h

Miuccia, Meet Donatella: Prada Is Buying Versace for $1.375 Billion

Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 billion from Capri Holdings, adding the Gianni Versace-founded line to its group of luxury brands.

· 8h · on MSN

Prada Buys Versace For Nearly $1.4 Billion—After Trump’s Tariffs Almost Derailed Acquisition

Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

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Inside the Versace family's journey through fame, tragedy, and resilience

Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.

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Donatella Versace’s Children: About Daughter Allegra & Son Daniel

In his will, the late businessman left 50 percent of his fashion company to his niece Allegra. Below, learn more about Donatella’s children and their connection to the Versace brand. Donatella ...

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Donatella Versace Steps off the Runway as Dario Vitale Is Appointed Versace’s Chief Creative Officer

Following 27 years at the helm of the house her brothers Gianni and Santo founded in 1978, the iconic designer will now take ...

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Prada made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together

Prada reported a 15% jump in annual net sales worth €5.4 billion ($6 billion) in March. Miu Miu, Prada's sister brand, has been instrumental in the company's recent growth streak, as its revenues ...

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