The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion ...

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal ...

John Idol, the chairman and CEO of Capri Holdings, said in a statement after the group acquired Versace that the Italian fashion house "has represented the epitome of Italian fashion luxury." ...

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