Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of ...

“I am honored to have the brand in the hands of such a trusted Italian family business and I am ready to ... Owning Versace, ...

Italian fashion house Prada has struck a deal worth $1.375 billion with rival the US group Capri Holdings, Versace on ...

The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...

The move unites two of the biggest names in Italian fashion. Read more at straitstimes.com. Read more at straitstimes.com.