Prada is closing in on a headline-making deal to acquire Versace, with insiders pointing to a Thursday announcement. The price tag? Roughly $1.38 billionsignificantly lower than i ...

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 ...