In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.

Prada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 billion) from Capri Holdings, a beleaguered New York group that at one point ...

ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group ...

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

Prada S.p.A.'s acquisition of Versace for $1.37 billion is a strategic move, capitalizing on market conditions to buy an undervalued brand with high potential. Capri Holdings sells Versace at a ...

A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada ...

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is ...

The high-end Italian fashion house Prada announced Thursday it has purchased its now-former rival Italian luxury fashion company Versace.