Italy's Prada to acquire fashion rival Versace for nearly $1.4 billion
Thursday, 10 April 2025 Fashion experts believe the deal will help Prada reach more customers, but it may take time and money to turn Versace's business around.
Prada's acquisition of Versace from Capri Holdings for $1.375 billion marks a significant consolidation in Italian fashion. This strategic move aims to bolster... IndiaTimes