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The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...

In this episode of "From the Newsroom," WWD editors explore the impetus behind the deal as well as its implications.

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...

Prada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join ...

Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

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 group that at one point ...

Prada on Thursday announced it was buying Versace for €1.25 billion -- or about $1.39 billion -- to combine two top names in ...