Prada to buy Versace for nearly $1.4 billion 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 ...

Versace’s impressive line-up of shirts will be among the 450 original garments, accessories, sketches, interviews and photographs exhibited in the largest retrospective of the designer in the UK.

The deal is a big bet on the value of “Made in Italy.” By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1 ...

Prada to Buy Versace in $1.38B Deal That Shakes Up Luxury Fashion World Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

MILAN - Prada has struck a deal to buy smaller rival Versace from Capri Holdings to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion, Prada ...

One iconic Italian fashion brand is buying another — the Prada Group announced this week that it’s buying the luxury design house Versace from fashion group Capri Holdings for about $1.4 billion.

Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace’s Medusa brand, according to an Italian newspaper.

Donatella Versace will step down as creative director of the luxury fashion house that bears her family name after nearly three decades and make way for Miu Miu designer Dario Vitale.

Ms. Versace, the younger sister of the founder Gianni Versace and the woman who stepped in to safeguard the company after his murder in 1997, is leaving her post as chief creative officer after ...