Mar 2, 2025 · Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News ...

1 day ago · Prada Group is looking to buy Versace from Capri Holdings for $1.6 billion USD (~$2.5 billion AUD). Deal would reverse trend of Italian fashion houses going into foreign hands.

Mar 2, 2025 · (Bloomberg) -- Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 billion), according to people familiar with the ...

Mar 2, 2025 · Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 billion), according to people familiar with the matter.

Mar 3, 2025 · Capri, which bought Versace for €1.8 billion in 2018, has been exploring different options for the brand as part of its broader strategy. If the mega-deal goes through, it will give Prada a ...

6 days ago · 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 ...

6 days ago · ROME (AP) — The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.. The group, which owns the Prada and Miu Miu fashion brands along with Church’s footwear, reported a 17% boost in revenues to 5.4 billion euros ($5.7 billion) last year from 4.7 billion euros in 2023.

Mar 2, 2025 · Prada edges closer to buying Versace for about €1.5bn. Subscribe to unlock this article. Try unlimited access Only $1 for 4 weeks. Then $75 per month. Complete digital access to quality FT ...

Mar 2, 2025 · Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 billion), according to people familiar with the matter.. The Milan-based company and Capri could finalise a deal for the Italian luxury clothier this month, said the people, asking not to be identified because discussions are private.

Jan 10, 2025 · Italy's Prada , is among the potential suitors looking at fashion group Versace, which has been put up for sale by its parent Capri Holdings , and has been working with Citi to evaluate any...