A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada ...

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

Gianni Versace was heralded as a genius for his eponymous Versace fashion house. His siblings, Donatella and Santo, and niece, Allegra, took over the brand after his murder in 1997. Donatella served ...

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

The price Prada has agreed to pay for Versace is a big discount to the roughly $2.15 billion including debt that Capri paid ...

Fashion conglomerate Capri Holdings has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion.

Versace, which was founded in 1978 by the late Gianni Versace, has been owned since 2018 by the Capri Holdings, which ...

Prada Group announced Thursday that it’s acquiring Italian fashion house Versace from U.S.-based Capri Holdings in a deal worth 1.25 billion euros, or roughly $1.4 billion. The deal marks a […] The ...

Prada is seeking to expand after defying a broader luxury industry slowdown that has seen Versace operate at a loss.

Fashion: after months of negotiations, Prada has acquired 100% of the historic maison founded by Gianni Versace. A strategic ...

The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion ...

MILAN (Reuters) -Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the ...