Prada Acquires Versace
Prada has announced its acquisition of Versace from Capri Holdings in a deal valued at €1.25 billion. This move brings Versace back under Italian ownership, aligning with Prada’s ambitions to expand its influence in the global luxury market. Capri Holdings, which also owns brands like Michael Kors and Jimmy Choo, acquired Versace in 2018 for […]