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 ...

MILAN, April 11 — Prada said yesterday that it had reached a deal to buy Versace for €1.25 billion (RM6.28 billion), building a new Italian fashion powerhouse and hoping to insert much-needed “spark” ...

Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment ...

Prada Thursday announced a landmark agreement to acquire Versace from Capri Holdings for €1.25 billion signifying the largest deal in the former's 112-year history. The acquisition is poised to ...

Gift 5 articles to anyone you choose each month when you subscribe. Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it by dialling things down, then ...

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, having ...

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 ...

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An avant-garde designer whose severely minimalist style belies its rebellious nature, Prada has imprinted her elegant and intellectual sensibility on the world of Italian fashion for decades. Photo: ...

The transaction will be funded by $1.68 billion of new debt composed of a $1.12 billion term-loan and $560 million bridge facility, Prada Group said. The transaction is expected to close in the ...

Prada struck a deal today to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion.