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

Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.

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

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

Prada group announced plans to acquire Versace from Capri Holdings on April 10 just a month after Donatella Versace stepped ...

On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 ...

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

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

Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive ...

The luxury fashion landscape shifts as Prada acquires Versace for 1.25 billion euros. Indian designers weigh in ...