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Prada Group is buying Versace from Capri Holdings for $1.38 billion, significantly less than the $2.1 billion Capri paid in ...
In person, they couldn't be more different. One loves skin-tight leather, four-inch heels, bottle-blonde hair and a mahogany ...
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros (R27 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, ...
Fashion executive John Idol sold Versace to Prada for $US1.38 billion ($2.2 billion), a roughly $US700 million loss.
Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival ...
The acquisition will create a luxury group with revenues of over six billion euros that could better compete with industry ...
Prada, led by Miuccia Prada and Patrizio Bertelli, said its Versace acquisition is set to be completed in the second half of this year.
Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.