Prada to Acquire Versace in $1.4 Billion Deal Despite Tariff Hurdles
10 Apr 2025
Italian luxury giant Prada has officially declared its acquisition of fellow fashion giant Versace from U.S.-based Capri Holdings in a cash transaction worth around $1.4 billion. "We are thrilled to welcome Versace into the Prada Group and to create a new chapter for a brand with which we share a...
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