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

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its ...

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

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 ...

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

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

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

The Prada Group has officially acquired Versace from the U.S. luxury group Capri Holdings. The deal was announced on Thursday ...

Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion ...

Capri Holdings agreed to sell Versace to Prada for $1.375 billion. Word of the deal was reported on Wednesday, but at the ...

In a billion dollar deal that shakes up the world of luxury fashion, Prada has agreed to buy Versace from its owner Capri Holdings. The all cash deal, valued at $1.375 billion, will merge two of ...

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).