Home
AI
World
Politics
Health
Crime & justice
Science & technology
Social issues
Sports
Money
Entertainment
Environment/energy
Military
Culture
Weather
Media






Home
Bias Split
Public FiguresControversies

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

Sign Up!
Sign Up Now!

How our sliders workAboutContact UsNewsletter Archive
MediaFAQGlossaryPrivacy Policy
  1. Home

Prada Acquires Versace for €1.25B

  • #Money
story
APR 11
Image copyright: Unsplash
story last updated APR 12

The Spin

Narrative A

The acquisition is a strategic opportunity to strengthen Italian luxury leadership, leverage Versace's iconic status and growth potential through Prada's industrial platform and corporate structure, and maintain the brand's distinctive heritage and creative vision.

The Business of FashionFinimize

Narrative B

The sale of Versace at a significant discount reflects challenging market conditions and allows Capri Holdings to strengthen its balance sheet, reduce debt, and focus on growing its core Michael Kors and Jimmy Choo brands in an increasingly competitive luxury market.

InvestingEuroNews

Articles on this story

Prada Agrees To Buy Versace For 1 38 Billion Despite Tariff
BloombergAPR 18
Prada agrees to buy fashion rival Versace
CNNAPR 18
Prada buys Versace in 1.25bn deal uniting Italys biggest fashion brands
GuardianAPR 18
Italys Prada Agrees Buy Fashion Rival Versace 2025 04 10
ReutersAPR 18
Prada Deal For Versace At Risk Of Collapsing With Market In Turmoil 93A285F
Wall Street JournalAPR 18