News
What Prada's purchase of Versace can tell us about the luxury market
Can you mix Prada with Versace, or is that a fashion faux pas? 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 to Buy Versace for Nearly $1.4 Billion
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 group that at one point styled itself as the American answer to the great fashion groups of France.
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...
On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
For decades, the fiercely independent Prada SpA Chairman Patrizio Bertelli talked about the need for Italian fashion houses ...
Fashion executive John Idol made a big shift after acquiring Versace in 2018. It did not go to plan and now rival Prada has ...
E! Online on MSN4d
Prada Buys Versace for an Eye-Popping $1.4 BillionPrada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...
Milan (Italy) (AFP) – Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and ...
Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback