Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

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 ...

Italian luxury fashion label Prada on Thursday signed an agreement to acquire a 100% stake in its rival brand Versace from the Capri Holdings group. When news about the $1.375 billion buy hit social ...

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will now become ... and the stewardship of the brand's legacy by his sister ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...