Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion

The 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).

Apr 10, 2025 - 19:30
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Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion
The 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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