Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy's hand in the luxury industry led by French ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in the last few quarters. The merger strengthens Italy’s hand in a luxury ...

Prada said the 47-year-old Versace brand offered ... “An historic ‘Made in Italy’ brand is Italian again,” Industry Minister Adolfo Urso said. Why that exit on Interstate 84 is closing.

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its ...

Italy’s Fondazione Prada is launching a film fund to sustain independent cinema. The new fund will be managed by former Directors’ Fortnight chief Paolo Moretti in collaboration with film programmer ...

(Bloomberg) -- Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known ...

They’re slaying total despair hair with flair. Runway baddies looked more like runaway bandits for Prada’s Fall-Winter 2025/2026 show during Milan Fashion Week, where “depression core” dos ...

Milan, Italy (AFP)—Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).