Prada to Buy Former Rival Versace Brand

Two of the biggest names in fashion will soon be under one roof. In a potentially industry-changing move, Prada has agreed to acquire Versace from Capri Holdings for $1.375 billion. This acquisition brings the iconic Versace brand back under Italian …

Versace is now in Prada's bag in the biggest luxury business deal of 2025. What changes?

Prada Acquires Versace for $1.4 Billion

In a move that’s shaking up the fashion world, Prada Group has acquired Versace in a landmark deal worth $1.37 billion — bringing the iconic brand back under Italian ownership at a time when the global luxury market is uncertain. The deal is expected to be …

Prada agrees to buy Versace for $1.4 billion

By The Associated Press Apr. 11, 2025 | 10:56 PM | ROME 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 names in Italian …

Versace takes over Prada: Indian designers share their thoughts

On Thursday, luxury brand Prada announced it is buying Versace from Capri Holdings for 1.25 billion euros (over 1,000 crores). On her Instagram, Donatella Versace wrote: “I am absolutely delighted for Versace to become part of the Prada family. Gianni and …

Prada Snatches Up Rival Fashion House Versace In $2.2 Billion Dollar Deal

Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos.  Prada Group bought the brand from US luxury group Capri Holdings, meaning that …

Miuccia Prada World Domination

The history-making announcement was delivered with the cool cadence of a veteran sharpshooter nailing a bullseye. Early on April 10, Prada Group purchased Versace for nearly $1.5 billion, absorbing a major Italian luxury rival in a show of sheer Darwinian …

How Prada, Versace Overcame Market Chaos to Reach a $1.4B Deal

Where there’s a will, there’s a way. That’s the message from Prada and Versace to fashion’s dealmaking market.  Even with a partial truce in U.S. President Donald Trump’s trade war with almost everybody, the battle rages on with China — and both sides have …

Saks Devotes Flagship Windows to Prada’s Days of Summer Collection

The Saks Fifth Avenue flagship has dedicated six of its Fifth Avenue windows to Prada‘s Days of Summer collection from Friday through April 27. A summer-inspired concept takes center stage in the windows, with the floors and the backdrop bringing to life a …

Prada Group Acquires Versace, Supreme Arrives in Miami, and The Row Expands Into Homeware in This Week's Top Fashion ...

In this week’s top fashion news, a historic fashion acquisition deal closes, new destination retail outposts open doors, and luxury sinks its teeth into home. First and foremost, Prada Group has officially agreed to acquire Versace for €1.25 billion, …