The purchase officially brings the brand back into the folds of Italian luxury.

Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels.The deal to unite the two Italian brands has an estimated value of ...

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

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 ...

Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

Even the designer who took Ms. Versace’s place at Versace, Dario Vitale, had spent the previous 14 years at Miu Miu working with Mrs. Prada (who is creative director of Miu Miu and co-creative ...

In 1994, Donatella became the head designer of Versace's Versus line. The Versace brand became synonymous with tasteful, sexy luxury wear, reaching its peak in the 1990s. For instance, the gown ...

Prada traces its roots back to a leather goods shop founded in Milan by designer Miuccia Prada’s grandfather in 1913. Known for its Medusa head logo, the label was founded by Gianni Versace in ...

Goldman Sachs is reportedly leading a group of top investment banks to help Italian design giant Prada bankroll its planned $2.5 billion bid for luxury rival Versace. The David Solomon-led lender ...

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 ...