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The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...
Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion. The deal has an ...
The Associated Press on MSN14d
Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billionThe 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).
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Al Jazeera on MSNVersace returns to Italian hands with $1.4B takeover by PradaPrada is acquiring crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings for about 1.25 billion ...
Live Mint on MSN14d
Prada buys rival Versace in $1.37 billion deal from Capri Holdings to create Italian fashion luxury powerhouseThe price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...
in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in the last few ...
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 ... Medusa head logo, was founded ...
Once again, the world of fashion descended on Milan for the annual celebration of design that runs adjacent to the Salone del ...
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