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Ousted Donatella Versace a ‘scapegoat’ as owner allegedly wants to sell brand to Prada — and can’t use family name: sources

Partying on the night of the Academy Awards earlier this month, Donatella Versace was as golden and burnished as Oscar himself. The diminutive blonde made two heavily sequined costume changes as she ...
New Orleans City Business

Prada completes $1.375B acquisition of Versace

The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” ...
Virginia Business

Minimalist Prada buys maximalist Versace for $1.4 billion, in bid to relaunch sexier Milan rival

MILAN (AP) — The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s ...
WXII 12 NEWS

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for its sexy ...
New Orleans City Business

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 crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in Italian ...
The Hollywood Reporter

Prada to Buy Versace in $1.38B Deal That Shakes Up Luxury Fashion World

Capri Holdings, which also owns Jimmy Choo and Michael Kors, says that it will use the cash from the deal to invest in its other brands. By Alex Weprin Senior Editor In a billion dollar deal that ...