Prada buys Versace in €1.25bn deal uniting Italy’s biggest fashion brands:
Prada has secured Versace at a €180m discount amid market turmoil and after months of ...
theguardian.com/fashion/2025/apr/10/pradas-125bn-versace-takeover-a-new-era-for-italian-luxury
Photo: theguardian.com · view article
Key FactsPrada Acquires Versace for €1.25 Billion
Apr 10, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: theguardian.com
Summary created with AI assistance · Source: theguardian.com
- Prada has agreed to acquire the Versace brand for €1.25 billion from Capri Holdings.
- The original price of €1.43 billion was reduced due to recent market turmoil and trade uncertainties.
- Prada aims to integrate Versace into its brand portfolio, which includes Prada, Miu Miu, and others.
- The acquisition occurs amidst a challenging market, while Prada reported a revenue increase to €5.4 billion in 2024.
We just talk, talk, talk. She’s so inspiring. We make fun of each other and teach each other.— Donatella Versace on her relationship with Miuccia Prada.
Story Details
| Last Updated | |
| Total Articles | 44 |
Main Topics
News on this topic
After months of whispers and speculation, it’s done: Prada Group finalised the €2,5 billion deal to acquire Versace from Capri Holdings ... Show more
Fashion: Prada has acquired Versace for 1.25 billion euros - | cash - |: There has been speculation since the beginning of the year, now it's official: Prada ...
welt.de/iconist/news/article255912316/Mode-Prada-hat-Versace-fuer-1-25-Milliarden-Euro-cash-uebernommen.html
Prada buys Versace for $1.84b to create Italian fashion powerhouse: The move unites two of the biggest names in Italian fashion. Read more at straitstimes.com.
straitstimes.com/life/prada-buys-versace-for-1-84b-to-create-italian-fashion-powerhouse
More articles on this subject
Previous
Prada buying rival fashion brand Versace in $1.36bn deal: The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn).
bbc.com/news/articles/cvgppr7g508o
Prada Buys Versace: The deal is a big bet on the value of “Made In Italy.”
nytimes.com/2025/04/10/style/prada-versace-deal.html
Prada buys Versace in €1.25bn deal uniting Italy’s biggest fashion brands: Prada has secured Versace at a €180m discount amid market turmoil and after months of ...
theguardian.com/fashion/2025/apr/10/pradas-125bn-versace-takeover-a-new-era-for-italian-luxury
Prada Group buys Versace fashion house from its U.S. owner in a deal valued at $1.4 billion
apnews.com/article/prada-versace-capri-italy-us-9bef87f68bd80f00d379d4b3628f60ad
Italy's Prada says to buy rival Versace for 1.25 bn euros: Italian fashion house Prada says to buy Versace for 1.25 bn euros
gulfnews.com/business/markets/italys-prada-says-to-buy-rival-versace-for-125-b-euros-1.500089572
Prada buys high fashion rival Versace for $1.4 billion: Capri Holdings bought Versace for $2.1 billion in 2018 and has sold it for $1.4 billion seven years later ...
nydailynews.com/2025/04/10/prada-buys-versace/
Prada buys rival fashion house Versace in $1.4 billion deal: Versace, owned by Capri Holdings since 2018, will be acquired by the Prada Group in a deal valued at ...
fastcompany.com/91314477/prada-buys-rival-fashion-house-versace-1-4-billion-deal
Paid articlePaywall
Daily Sabah Apr 12 25
Versace returns to Italian hands with $1.4B takeover by Prada: Prada is acquiring crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings ...
dailysabah.com/business/economy/versace-returns-to-italian-hands-with-14b-takeover-by-prada
Sale of luxury brand: Prada takes over Versace: Both brands represent Italian luxury fashion. Now the house, founded by Gianni Versace in 1978 ...
tagesanzeiger.ch/verkauf-von-luxusmarke-prada-uebernimmt-versace-229178777153
Signed, Sealed, Delivered: Prada Group Officially Acquires Versace: Prada Group has announced that is has acquired Versace in a deal that will no doubt change ...
graziamagazine.com/articles/prada-group-acquires-versace/
Italy's Prada to buy rival Versace for 1.25 billion euros: Business & Economy | Lifestyle Last month, Donatella Versace stepped down as creative director ...
wionews.com/entertainment/lifestyle/italys-prada-to-buy-rival-versace-for-125-billion-euros-8948694
Giant takeover shocks high-fashion world: Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy ...
news.com.au/lifestyle/fashion/italys-prada-agrees-to-buy-rival-versace-for-22-billion/news-story/d33b3a0f6fae1aa3ad4de7b4e2a3d8a0
Prada agrees to buy rival fashion house Versace in a deal valued at $2.2 billion: Versace is making its way back home after Prada Group announced a deal to buy ...
abc.net.au/news/2025-04-11/prada-agrees-to-buy-rival-fashion-house-versace-2-billion/105163400
Miuccia, Meet Donatella: Prada Is Buying Versace for $1.375 Billion: Prada group announced plans to acquire Versace from Capri Holdings on April 10 just a month ...
instyle.com/prada-buys-versace-11712659
:max_bytes(150000):strip_icc()/versacesocial-f9238c95c6fe453aa2f101062a8ef3bc.png)
Prada Group acquires Versace for $1.4 billion: Deal brings the brand back under Italian ownership amid global market uncertainty
thenationalnews.com/lifestyle/luxury/2025/04/10/prada-acquires-versace-deal/
Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion: The Prada Group has agreed to buy rival Versace from the U.S. luxury group ...
houstonchronicle.com/entertainment/article/prada-group-buys-versace-fashion-house-from-its-20268650.php
Luxury and Fashion: Prada Buys Versace for $1.375 Billion: The Italian luxury group Prada is taking over Versace. With this deal, it is continuing its expansion ...
wiwo.de/unternehmen/handel/luxus-und-mode-prada-kauft-versace-fuer-1375-milliarden-dollar/100120624.html
Italy's Prada agrees to buy rival Versace for 1.25 billion euros: MILAN, Italy — Italian fashion house Prada announced Thursday it had reached a deal with US ...
business.inquirer.net/519177/italys-prada-agrees-to-buy-rival-versace-for-1-25-billion-euros
Prada buys Versace for 1.25 billion euros: After losses at Versace and global pressure in the luxury segment, Prada is consolidating and taking over its rival ...
diepresse.com/19568336/prada-kauft-versace-fuer-125-mrd-euro
Prada Buys Versace For Nearly $1.4 Billion—After Trump’s Tariffs Almost Derailed Acquisition
forbes.com/sites/tylerroush/2025/04/10/prada-buys-versace-for-nearly-14-billion-after-trumps-tariffs-almost-derailed-acquisition/
Prada Group buys rival Versace from its U.S. owner in deal valued at $1.4 billion
the-independent.com/life-style/fashion/prada-buy-versace-donatella-capri-holdings-b2731002.html
Italy’s Prada agrees to buy rival Versace for 1.25 billion euros: Milan, Italy (AFP)—Italian fashion house Prada announced Thursday it had reached a deal with US ...
jamaicaobserver.com/2025/04/10/italys-prada-agrees-buy-rival-versace-1-25-billion-euros/
Prada to Buy Versace From Capri: The Italian fashion house was purchased for €1.25 billion from Capri, which is restructuring after a failed merger with Tapestry ...
voguearabia.com/article/prada-to-buy-versace-from-capri
Next
Similar to This
Previous
Gigi Hadid stars in Miu Miu’s holiday campaign: Gigi Hadid stars in Miu Miu’s holiday campaign
arabnews.com/fashion/gigi-hadid-stars-in-miu-mius-holiday-campaign-3008474
How Prada Brought Its Hand-Drawn Holiday Campaign to Life: Animator John Pomeroy brings Prada’s holiday campaign to life with hand-drawn snow lynxes, mice ...
elle.com/fashion/a74250755/prada-holiday-campaign-2026/
Sneaker Bar Detroit Oct 06
Miu Miu x New Balance RC150 Revealed for 2027: Miu Miu New Balance RC150 releases Spring/Summer 2027 in several colorways. Get a first look and release details.
sneakerbardetroit.com/miu-miu-new-balance-rc150/
Milan Fashion Week 2026: New collections from Prada, Gucci, Jil Sander and Diesel
sueddeutsche.de/leben/mailand-fashion-week-prada-gucci-diesel-kollektionen-li.3553923
Italian fashion brands: 18 brands you should know: Discover the Italian fashion brands that set trends and belong on every fashion wishlist: Your Vogue guide to ...
vogue.de/artikel/italienische-modemarken
Dario Vitale to Exit Versace After One Season: The creative director is parting ways with the Italian brand days after Prada’s acquisition was finalized.
elle.com/fashion/a69632751/dario-vitale-exits-versace/
Paid articlePaywall Prada buys Versace, taking control of maximalist label that was once its rival: With Prada buying Versace, one of fashion's biggest rivalries is over — and it ...
abc.net.au/news/2025-12-04/prada-purchase-of-versace-to-have-big-impact-on-fashion/106097096
Capri CEO John Idol on Michael Kors’ Post-Versace Future: Capri Holdings CEO John Idol discusses the company's future after selling Versace ...
wwd.com/business-news/financial/capri-ceo-john-idol-michael-kors-future-1238369966/
Prada takes ownership of fashion rival Versace in $1.4-billion deal: Prada heir Lorenzo Bertelli is set to steer Versace’s next phase as executive chairman.
globalnews.ca/news/11555485/prada-buys-versace-fashion/
Prada Group Secures EU Approval for 1.25 Billion-euro Versace Acquisition, Deal Set to Close in 2025
wwd.com/business-news/legal/prada-group-european-commission-approval-versace-acquisition-1238263576/
Sunday Rose On Modeling, Miu Miu Runways, & Raiding Her Mom's Closet: Sunday Rose, eldest daughter of Nicole Kidman and Keith Urban, models for Miu Miu and hangs ...
nylon.com/fashion/sunday-rose-modeling-miu-miu-interview
Dario Vitale’s Versace Debut Will Be an Intimate Event, Not Runway Show: Dario Vitale's Versace debut will be an intimate event on Sept ...
wwd.com/fashion-news/fashion-scoops/dario-vitale-versace-debut-intimate-event-not-runway-show-1238014324/
Prada Sees Further Growth as Sales Buck Wider Luxury Slowdown: Prada SpA reported better-than-expected sales for the start of the year, bucking the weakness ...
bloomberg.com/news/articles/2025-04-30/prada-sees-further-growth-as-sales-buck-wider-luxury-slowdown
Paid articlePaywall
Prada acquires rival Versace for $1.4bn despite tariff uncertainty: The multibillion-dollar deal strengthens Italy’s position in luxury fashion industry.
aljazeera.com/economy/2025/4/10/prada-acquires-rival-versace-for-1-4bn-despite-tariff-uncertainty
Key FactsPrada acquires Versace for Italian fashion merger
Apr 10, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: khaleejtimes.com
Summary created with AI assistance · Source: khaleejtimes.com
- Prada has finalized a $1.38 billion deal to acquire Versace, uniting two major names in Italian fashion.
- The acquisition aims to attract new customers to Prada's minimalist designs and strengthen its position in a luxury industry dominated by French conglomerates.
- This transaction follows Donatella Versace's announcement of stepping down as creative director, marking a strategic shift for Prada.
- The financing involves 1.5 billion euros in new debt, with the deal expected to close in the second half of 2025.
Gianni and I have always had a huge admiration for Miuccia, Patrizio and their family.— Donatella Versace expressed her admiration for the Pradas in the context of Prada's acquisition of Versace.
Prada to acquire Versace for €1.25 billion, uniting Italy's top fashion houses
pop.inquirer.net/376036/prada-to-acquire-versace-for-e1-25-billion-uniting-italys-top-fashion-houses
What Comes Next for Capri Now That Prada Is Buying Versace?: What’s next for Capri Holdings after Versace’s sale to Prada? From Jimmy Choo’s uncertain future to ...
wwd.com/business-news/financial/capri-holdings-future-after-versace-sale-1237082715/
Versace’s ‘Quiet Luxury’ Blunder Opened Door to Prada Takeover: Fashion executive John Idol thought Versace leaned too much on ornate designs and aimed to fix it ...
bloomberg.com/news/articles/2025-04-10/versace-s-quiet-luxury-blunder-opened-door-to-prada-takeover
Paid articlePaywallKey FactsPrada Acquires Versace for €1.25 Billion
Apr 10, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessoffashion.com
Summary created with AI assistance · Source: businessoffashion.com
- Prada Group has officially announced its acquisition of Versace from Capri Holdings for €1.25 billion.
- An additional €250 million will be allocated to revitalize Versace, which faced losses last year.
- This deal proceeds despite a global market downturn linked to Trump's trade war.
- Versace aims to return to profitability by March 2026 after a reported 19% revenue drop to $810 million.
Our organisation is ready and well positioned to write a new page in Versace’s history.— Bertelli said this in a statement.
Prada among suitors for Versace, newspaper reports: Italy's Prada , is among the potential suitors looking at fashion group Versace which Capri Holdings has put ...
reuters.com/markets/deals/italys-prada-considering-buying-versace-capri-holdings-daily-reports-2025-01-10/
Key FactsPrada Considers Acquisition of Versace
Jan 10, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Prada is among potential buyers for the fashion brand Versace, which is up for sale.
- Following the collapse of an $8.5 billion deal by Tapestry, Capri Holdings is contemplating selling its brands, including Versace and Jimmy Choo.
- Capri has engaged Barclays to explore strategic options, including a possible sale of the entire group.
- Versace accounted for $1 billion of Capri's total revenue of $5.2 billion in the last fiscal year.
Luxury brand "Miu Miu": 75-year-old Prada heiress is behind the success: Miuccia Prada, the fashion designer and patron, helps the Prada fashion house to achieve ...
businessinsider.de/wirtschaft/luxusmarke-miu-miu-hinter-dem-erfolg-steckt-75-jaehrige-prada-erbin/
Capri Puts Versace and Jimmy Choo Up for Sale: Sources: Bankers and potential buyers are abuzz as Capri Holdings plans to sell Versace and Jimmy Choo ...
wwd.com/business-news/financial/capri-holdings-sale-versace-jimmy-choo-1236765876/
Key FactsCapri Holdings Plans Sale of Versace and Jimmy Choo
Dec 13, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: wwd.com
Summary created with AI assistance · Source: wwd.com
- Capri Holdings is collaborating with Barclays to find buyers for Versace and Jimmy Choo.
- The sale process has commenced, with uncertainty about whether the brands will be sold together or separately.
- Considerations for a sale are not new, following the failure of a proposed buyout by Tapestry due to antitrust concerns.
- Versace and Jimmy Choo are facing revenue declines while Capri seeks a turnaround for Michael Kors.
Next