Prada announces complete acquisition of Versace, which the group said it had long coveted A man walks with a Prada shopping bag in front of a Versace shop, at the Montenapoleone luxury fashion street, ...

MILAN (AP) — The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s ...

Prada said in a one-line statement that the acquisition had been completed after receiving all regulatory clearances. Capri Holdings, which owns Michael Kors and Jimmy Choo, said the money would be ...