Prada SpA reported better-than-expected sales for the start of the year, bucking the weakness across the wider luxury industry as growth soared at the Italian fashion group’s Miu Miu brand. Net ...

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 ...

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 ...

With its bold, baroque-style prints, owning Versace will attract customers to Prada, known for its minimalist style. "There are no overlaps in creativity or customers," said Lorenzo Bertelli ...

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.

Prada SpA 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.

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 ...

By Vanessa Friedman 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 ...

A different kind of fashion shakeup: Prada will soon be the owner of Versace. On Thursday, it was confirmed that the Prada Group will purchase Versace for 1.25 billion euros ($1.38 billion ...

MILAN - Prada has struck a deal to buy smaller rival Versace from Capri Holdings to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion ...