Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos. Prada Group bought ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in ...

“We’re thrilled to welcome Versace into the Prada family and start a fresh, fabulous chapter,” Bertelli declared. “Our team is primed to make Versace shine brighter than ever.” Talk ...

The purchase comes just a month after Donatella Versace stepped down from her role as creative director at the brand after nearly 30 years. “We aim to continue Versace’s legacy celebrating and ...

Renzo Rosso, the Italian fashion mogul who made his name as the founder of Diesel jeans, is on the lookout for new deals — even after a setback in his bid to buy the Versace brand. “We have no ...

“We are delighted to welcome Versace to the Prada Group and to build a new chapter for a brand with which we share a strong commitment to creativity, craftmanship and heritage,” Prada Group chairman ...

Prada will buy fashion rival Versace in a massive 1.3 billion deal. Prada has sealed a $1.375 billion deal to acquire Versace from Capri Holdings in one of the biggest luxury mergers of this century.

Italian fashion house Prada has announced that it has bought fellow Italian designer fashion brand Versace for €1.25 billion. ($1.38 billion).

ROME — (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable ...

Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand ...