By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York ...

Two of the biggest names in Italian fashion, Prada and Versace, will merge, the companies announced Thursday. Prada shelled out $1.375 billion to acquire its smaller rival—which has been ...

After months of speculation and inside talks, Italian luxury parent Prada Group has officially acquired Versace from Capri Holdings. For a price of €1.25 billion, Versace will join the company ...

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).

Prada acquires Versace for $1.375 billion, including debt Deal strengthens Italy's position in luxury fashion industry Prada aims to expand Versace's potential with disciplined execution US Capri ...

IN ONE OF THE BIGGEST shake-ups in the Italian fashion world Prada has officially acquired Versace. Yes, you read that right — Miuccia’s house of cerebral cool has taken ownership of Donatella ...

A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada Group will purchase Versace for 1.25 billion euros ($1.38 billion ...

Hunter Schafer arrives at the opening of a Prada Men’s store in New York City ... Meanwhile, the same navy tone colored the super-high-neck collar, as well as some thin stripes that traced ...

With its bold, baroque-style prints, owning Versace will attract customers to Prada, known for its minimalist style. "There are no overlaps in creativity or customers," said Lorenzo Bertelli ...

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 ...

The transaction will be funded by $1.68 billion of new debt composed of a $1.12 billion term-loan and $560 million bridge facility, Prada Group said. The transaction is expected to close in the ...