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In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...
Prada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York group that at one point ...
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
The Prada Group has announced the purchase of the Versace fashion house from the US luxury group Capri Holding in a cash deal ...
Prada S.p.A.'s acquisition of Versace for $1.37 billion is a strategic move, capitalizing on market conditions to buy an undervalued brand with high potential. Capri Holdings sells Versace at a ...
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).