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Last week’s big Italian fashion news is the stuff of an Edith Wharton novel: Miuccia Prada, the intellectual matriarch of an old-money fashion behemoth from the chilly, stylish north comes ...

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).

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 transaction will be funded by $1.68 billion of new debt composed of a $1.12 billion term-loan and $560 million bridge facility, Prada Group said. The transaction is expected to close in the ...

In a sartorial merger that blends sensual sex appeal with the intellectual uniform, Prada has officially purchased Versace for €1.25 billion (approximately $1.4 billion). What is arguably the ...

Prada agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands. The Milan ...

This deal is all buttoned up. Prada on Thursday announced it was buying Versace for €1.25 billion — or about $1.39 billion — in a deal that combines two of the biggest brands in luxury fashion.

By Alex Weprin Senior Editor 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 ...

MILAN (Reuters) -Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion and offers the ...