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Versace perfumes are not just an ordinary bottle of scent, they are a world full of opulence and allure, where every spritz tells a story of luxury, elegance, and bold individuality.

Versace’s future now rests with Prada, a company that’s nimbly navigated the recent slowdown in luxury spending. Revenue at Prada, which also includes the Miu Miu brand, rose 17% in 2024.

What Prada's purchase of Versace can tell us about the luxury market The Prada Group announced this week that it’s buying the luxury design house Versace for about $1.4 billion.

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion.

Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed Italian group agreed to pay 1.3 billion euros ($1.4 billion) for Versace ...

Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join after Capri's collapsed merger with Tapestry.

The value of Versace’s parent company, the New York-based Capri Holdings, fell to as low as $1.5 billion as Trump’s tariffs led to a historic selloff in the U.S. stock market, and Prada had ...

It's a match made in fashion heaven: Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 billion from Capri Holdings ...

Prada on Thursday announced it was buying Versace for €1.25 billion — or about $1.39 billion — in a deal that combines two of the biggest brands in luxury fashion.

The deal is a big bet on the value of “Made in Italy.” By Vanessa Friedman On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1 ...

The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the roughly $2.15bn, including debt that US-based Capri, then known as Michael Kors, paid for Versace in ...