News

In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
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 purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in 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 ...
The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...
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 ...
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...
Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.
In a sartorial merger that blends sensual sex appeal with the intellectual uniform, Prada has officially purchased Versace ...