The Prada Group announced a deal Thursday to buy Italy’s Versace from the U.S. luxury group Capri Holdings under terms that ...

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will now become part of Prada, its larger rival and polar opposite ...

Versace, the legendary Italian luxury fashion house, has always been synonymous with bold designs, opulence, and innovation.

Prada said the 47-year-old Versace brand offered “significant untapped growth potential.’’ “This is exactly the strength for our group. There are no overlaps in terms of creativity ...

The Prada Group announced a deal to buy Italy's Versace from the U.S. luxury group Capri Holdings. NBC News' Maya Eaglin reports on the $1.4 billion deal and what made both brands household names.

Absolute scenes broke out when one Versace sympathizer offered to beat Prada's offer: "I would’ve purchased it at 1.376 billion no shade", quipped the fan. Expand Tweet The news came out of the blue ...

This is the second restaurant closing at the mall this year.