Prada seeks to expand despite luxury demand slowdown Versace could take years to restructure, affect short-term Prada profits Prada has skills to address Versace's shortcomings MILAN, March 4 ...

Huge change is afoot in Milan with the news that Donatella Versace is set to step down from her position as chief creative officer of her late brother Gianni Versace's namesake fashion house ...

The owner of Versace jumped on Monday following a report that Prada was moving closer to a deal for the Italian fashion brand. Capri Holdings, which also owns Jimmy Choo and Michael Kors ...

(Bloomberg) -- Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 billion), according to people familiar with the ...

The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition. The group, which owns the Prada ...

(Bloomberg) -- Capri Holdings Ltd. shares jumped as the U.S. company moves closer to a sale of its Italian luxury brand Versace to Prada SpA. The Italian family-owned company and Capri have agreed ...

Gianni Versace was heralded as a genius for his eponymous Versace fashion house. His siblings, Donatella and Santo, and niece, Allegra, took over the brand after his murder in 1997. Donatella ...

Sources tell Page Six that the luxury brand’s management, under Capri Holdings, is looking to sell the iconic fashion house to Prada, with Donatella allegedly becoming a scapegoat amid ...

An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructuring Versace, which has faced mismanagement and operates at a ...

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Italian luxury group Prada is reportedly moving closer to a deal to buy high-end Versace from fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), ...

(AP Photo/Luca Bruno, File) ROME (AP) — The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace ...