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Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed “spark” into its ...
Capri’s sale of Versace marks a loss for the group after purchasing the fashion brand for US$2.1b ... led to her stepping aside. Italian luxury brands have also struggled with weak shopper ...
While many tourists flock to Italy’s more famous destinations ... From ancient cave dwellings to medieval villages frozen in time, travellers looking for something truly different can find ...
Shweta Singh Updated : Apr 10, 2025, 08:58 PM IST In a big move for the fashion world, Italian luxury brand Prada has agreed to buy Versace for 12,000 crore (around $1.375 billion). The deal, ...
Prada Group clinched the 1.25 billion euros ($1.4 billion) deal to buy Versace fashion house from US luxury group Capri Holding, Reuters reported on Thursday. This deal will bring two of the most ...
Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...
As the dominance of French conglomerates LVMH and Kering has become the established order in luxury fashion—owning Italian crown jewels from Fendi to Gucci—the Prada Group's countermove suggests a ...
The Italian government welcomed a deal that appears to secure Versace’s longer-term future as other family-owned fashion brands have faltered or even disappeared after opening up to outside ...