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Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion
The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion house at 1.25 billion euros ($1.4 billion.) Versace, which was founded in 1978 by the late Gianni Versace,
Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...
Big Law firms steered Milan-based Prada SpA’s plans to purchase Versace from Capri Holdings Ltd. for about $1.38 billion in ...
Fashion brands are pulling out all the stops at Milan Design Week with ultra-curated collaborations, grander installations ...
Located on tony Via Manzoni, Palazzo Molteni dates back to the late 19th century, when it was built as the home of the businessman and philanthropist Prospero Moisè Loria. This seven-story edifice ...
For decades, the fiercely independent Prada SpA Chairman Patrizio Bertelli talked about the need for Italian fashion houses ...
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