Prada Acquires Versace: A New Era for Italian Luxury Fashion
Introduction In a landmark move set to redefine the global luxury fashion landscape, the Prada Group has announced its decision to acquire 100% of fashion house Versace from Capri Holdings, uniting two of the most iconic Italian brands. The deal, sealed on April 10th, 2025 at an estimated value of $1.36bn, marks the creation of
- #Italy
- #luxury