Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, ...

Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other family-founded brands ended up in French, Swiss or U.S. hands, and comes as many Italian groups are ...

The Italian city has a reputation for being gray, but its architecture is far from dull.

Capri, which also owns Jimmy Choo and Michael Kors, and the Prada Group have been locked in exclusive negotiations for more than a month. Capri’s initial asking price of €3bn and the future of Versace ...

On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 ...

Prada SpA agreed to buy Versace for $1.38 billion in cash in a deal aimed at strengthening its position as Italy’s largest fashion group.The Milanese company, controlled by billionaire designer ...

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in ...