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MILAN, Italy — Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros (P80.3 billion), building a new Italian fashion powerhouse and hoping to insert much-needed ...

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's acquisition of Versace from Capri Holdings for $1.375 billion marks a significant consolidation in Italian fashion. This strategic move aims to bolster Italy's presence in the global ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion). The acquisition will ...

Prada, led by Miuccia Prada and Patrizio Bertelli, said its Versace acquisition is set to be completed in the second half of this year. Italian luxury brand Prada on Thursday confirmed its ...

ROME -- The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).