Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 billion from Capri Holdings, adding the Gianni Versace-founded line to its ...

On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...

Explore the best Versace watch options curated for men and women. These picks bring refined design, signature style and ...

For the fashion-obsessed, especially Black women and lovers of red carpet magic, this merger is a huge moment. Both Prada and Versace have long been favorites among Black models and celebrities.

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its other brands.

Donatella Versace in 2017 at the Versace Women’s Spring/Summer fashion show. She stepped down last month. AFP via Getty Images The deal follows the announcement on March 13 that Donatella ...