Prada and Capri Holdings stock rose following a report of a $1.6 billion price tag for Versace. Capri, which owns Versace, rose about 7% in New York and Prada closed 3.5% higher in Hong Kong.

The price could reach almost €1.5bn (£1.2bn), Bloomberg has reported, although the deal is not confirmed. The transaction would return the house to Italian ownership, increasing Prada's heft in the ...

From April 1, Dario Vitale, a designer coming from Miu Miu, a smaller brand within the Prada group, will take over Donatella Versace's role as chief creative officer of the Medusa head brand.

Donatella, who took up the role in 1997, will now take on the position of Chief Brand Ambassador as of April 1 this year. Dario Vitale, a designer from Miu Miu, a smaller brand within the Prada ...

Other brands have also ended advertising contracts with the disgraced actor Luxury fashion group Prada has cut ties with ... The decision cost Adidas an estimated $1.3 billion in unsold Yeezy ...

Fans of the iconic film The Devil Wears Prada are suspect a major hint about a sequel was dropped. During the memorable gathering last year, Meryl made her entrance first, followed by Emily and ...

Prada has agreed to a price of almost €1.5 billion EUR ($1.6 billion USD). Conversations are now entering the next phase after initial due diligence did not identify any risks, per the outlet ...

ITALIAN luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News ...

ROME (AP) — The Prada Group on Tuesday posted double-digit ... Italian media have reported that the sale would value Versace at 1.5 billion euros ($1.6 billion), a considerable discount on ...

At least three people are dead, two are injured and another is missing after a boat capsized in a waterway between Brooklyn and Staten Island on Sunday afternoon, officials said. Five of the six ...

Their bail has been set at $1.5 million apiece ... She also said Lil Ronnie will be laid to rest in a Prada outfit. Jones doubled down on her statement that she grieves differently by flexing ...

Type 1 diabetes occurs when the immune system attacks pancreatic beta cells. Type 2 diabetes happens when the body cannot use insulin effectively. The two types differ in symptoms, causes ...