News

Prada Just Snatched Versace--And Got a Billion-Dollar Discount
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 ...
End Of Era As Donatella Versace Gives Up Creative Reins Of Italian Brand
ROME - Donatella Versace is giving up the creative reins of luxury fashion label Versace after nearly three decadesrsday, ...
Prada cuts Versace purchase price by $200mn after Trump tariffs
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 ...
Prada to make a decision on Versace takeover deal this week, source says
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source ...
Prada to decide this week on takeover of rival Versace
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source ...
Prada to make up its mind on takeover of rival Versace this week
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source ...
Reuters4d
Prada to make a decision on Versace deal this week, source says
Versace, where former Miu Miu designer Dario Vitale assumed Donatella Versace's role as Chief Creative Officer this month, was bought by Capri Holdings for 1.8 billion euros in 2018, but has ...