Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group Prada, said on Thursday. Capri Holdings is working with Barclays to explore a sale of its Versace brand,

The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

Prada SpA’s co-owner has hinted that it’s looking at a potential deal to buy Versace but says the brand has also drawn interest from other industry players.

Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

Italian luxury fashion house Prada reported a bumper set of results for 2024, defying analysts' expectations and the crisis in luxury markets. This comes on the heels of rumours that it is in talks to purchase Versace.

Versace had me with the opener — strapless, corseted evening looks with gathered puffer skirts, like wearable black tie sleeping bags — but it lost me with the cheetah-print teddy under a black suit jacket.

Prada is reportedly nearing a $1.6 billion deal to acquire Versace from Capri Holdings Ltd. aiming to compete with luxury giants LVMH and Kering.

STORY: Prada is getting closer to a deal to acquire Versace from fashion group Capri Holdings. That’s according to weekend reports by Bloomberg. It says a price of about $1.6 billion has been agreed.

Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.View on euronews

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand could take years and hit short-term profits.

MILAN (Reuters) - Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group Prada, said on Thursday. Capri Holdings is working with ...

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach