Italian fashion house Prada may have taken the 'eat your competition' mantra too seriously as it just finalized a $1.375 ...

The Prada Group announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion.) ...

The purchase officially brings the brand back into the folds of Italian luxury.

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

The high-end Italian fashion house Prada announced Thursday it has purchased its now-former rival Italian luxury fashion ...

John Idol, the chairman and CEO of Capri Holdings, said in a statement after the group acquired Versace that the Italian fashion house "has represented the epitome of Italian fashion luxury." He went ...

Versace is making its way back home after Prada Group announced a deal to buy the Italian label from a US luxury group under ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...

Global stock markets surged on Thursday following Donald Trump’s decision to pause tariffs for 90 days in a stunning reversal ...

Prada, led by Miuccia Prada and Patrizio Bertelli, said its Versace acquisition is set to be completed in the second half of this year.