Prada to buy Versace in a deal valued at $1.4 billion
Prada to buy Versace for nearly $1.4 billion 01:21 The Prada Group announced a deal Thursday to buy Italy’s Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion). Prada said the addition of Versace’s “highly recognizable aesthetic … constitutes a strongly complementary addition” … Read more
