Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
nbcnews.com/business/business-news/prada-group-says-purchased-fashion-rival-versace-deal-nearly-14-billio-rcna246944
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Prada Acquires Versace in €1.25 Billion DealVersace is set to contribute 13% of Prada Group’s future revenues after the €1.25 billion acquisition finalized in 2025.
Key FactsDec 2, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: nbcnews.com
Summary created with AI assistance · Source: nbcnews.com
- The Prada Group completed the acquisition of Versace, merging contrasting fashion aesthetics under one corporate umbrella.
- Versace’s future is guided by Lorenzo Bertelli as executive chairman, who anticipates gradual development rather than immediate changes.
- Creative direction at Versace is led by Dario Vitale, whose appointment predates the merger with Prada.
- Prada is incorporating Versace into its Italian manufacturing network and continues to invest heavily in production and artisan training.
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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
nbcnews.com/business/business-news/prada-group-says-purchased-fashion-rival-versace-deal-nearly-14-billio-rcna246944
Prada Group says it's purchased fashion rival Versace in deal worth $2.2 billion: It puts the fashion house known for its sexy silhouettes under the same roof as ...
9news.com.au/world/prada-group-says-it-has-purchased-fashion-rival-versace/37730fa6-b527-46f9-bec8-85a8334ae2e0
After long courtship, Versace becomes part of Prada
Click the link in the comments below.After long courtship, Versace becomes part of Prada
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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4B
abcnews.go.com/International/wireStory/prada-group-purchased-fashion-rival-versace-deal-worth-128027565
Prada finalizes $1.4 billion acquisition of Versace: Italian fashion giants unite
style.news.am/eng/news/111438/prada-finalizes-$14-billion-acquisition-of-versace-italian-fashion-giants-unite.html
Italian fashion giant Prada buys Versace – at a discount: The $1.38bn (£1.04bn) deal between the two Italian fashion giants is well below the roughly $2bn ...
bbc.co.uk/news/articles/c3e05j9012vo
The Prada-Versace deal Is done. What now?: Two of Italy’s most culturally significant labels will now be united under one luxury group.
vogue.com.au/fashion/news/the-pradaversace-deal-is-done-what-now/news-story/9251fced0f0970cfbdcfc647a7c5e5e7
Billion-dollar deal: Prada completes purchase of Versace: Luxury fashion manufacturer Prada has completed the acquisition of its competitor Versace ...
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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
apnews.com/article/italy-fashion-prada-versace-62a0c62b0a5c332af996ce7ad4d548a9
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abc.net.au/news/2025-12-03/prada-group-says-it-has-purchased-fashion-rival-versace/106094236
Prada buys the "Medusa House" Versace: The acquisition combines Prada's Milanese minimalism and Versace's southern Italian splendor ...
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Minimalist Prada buys maximalist Milan rival Versace for $1.4 billion: The highly anticipated deal is expected to relaunch Versace’s fortunes ...
pbs.org/newshour/economy/minimalist-prada-buys-maximalist-milan-rival-versace-for-1-4-billion
Prada completes purchase of Versace, its longtime rival: Prada and Versace announced the move in April.
washingtonpost.com/style/fashion/2025/12/02/prada-versace-purchase/
Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
finance.yahoo.com/news/prada-group-says-purchased-fashion-102454443.html
After long courtship, Versace becomes part of Prada: Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace ...
reuters.com/sustainability/boards-policy-regulation/prada-completes-versace-takeover-after-long-courtship-2025-12-02/
Prada Completes Versace Purchase to Create Italian Fashion Monolith : It joins Miu Miu in a stable that’s competing against the likes of French giant LVMH.
thedailybeast.com/prada-completes-versace-purchase-to-create-italian-fashion-monolith/
Prada seals $1.4 billion deal to purchase fashion rival Versace: Prada announced in a brief statement that the acquisition had been finalized after receiving all ...
newsroom.ap.org/detail/PradaGroupsaysithaspurchasedfashionrivalVersaceinadealworthnearly14billion/62a0c62b0a5c332af996ce7ad4d548a9/text
Major fashion deal: Prada takes over Versace completely: With all official approvals granted, the way is clear for the purchase at a price of 1.25 billion euros.
diepresse.com/20369128/grosser-mode-deal-prada-uebernimmt-versace-vollstaendig
Prada takes over the fashion rival Versace in $1.37 billion deal: Prada on Tuesday purchased luxury fashion house Versace in a deal valued at $1.37 billion ...
wionews.com/entertainment/lifestyle/prada-takes-over-the-fashion-rival-versace-in-1-37-billion-deal-1764685511510
Prada finalizes purchase of fashion rival Versace for US$1.4 billion, launching new era
bnnbloomberg.ca/business/international/2025/12/02/prada-group-says-it-has-purchased-fashion-rival-versace-in-a-deal-worth-nearly-us14-billion/
Prada acquires Versace: Luxury brand buys competitor: The Italian luxury fashion house announced the acquisition back in April. Now the relevant authorities have ...
tagesanzeiger.ch/prada-uebernimmt-versace-luxusmarke-kauft-konkurrentin-940229140643
Prada Buys Versace For $1.4 Billion On Gianni Versace's Birthday: Prada's acquisition of Versace from Capri Holdings was officially announced on April ...
ndtv.com/lifestyle/prada-buys-versace-for-1-4-billion-on-gianni-versaces-birthday-9741169
Prada Group completes acquisition of Versace in $1.37 billion deal: With the acquisition, Versace will now join Prada’s global portfolio, which is known for its ...
financialexpress.com/business/industry/prada-group-completes-acquisition-of-versace-in-1-37-billion-deal/4063054/
Prada Group acquires Versace in a $1.37 billion deal, ownership shifts after post-pandemic struggles
gulfnews.com/business/retail/prada-group-acquires-versace-in-a-137-billion-deal-ownership-shifts-after-post-pandemic-struggles-1.500366758
Prada takes over Versace: Both brands stand for Italian luxury fashion. Now, the house founded by Gianni Versace in 1978 is moving under the umbrella of its ...
sueddeutsche.de/wirtschaft/prada-versace-mode-li.3348010
‘Ugly chic’ meets ‘sexy silhouttes’ in $1.4B global fashion merger: The highly anticipated acquisition of Versave by Prada is expected to relaunch Versace’s ...
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Daily Sabah Dec 02
Prada finalizes acquisition, Versace joins Italian luxury giant: The Prada Group closed the purchase of Milan fashion rival Versace in a $1 ...
dailysabah.com/life/fashion/prada-finalizes-acquisition-versace-joins-italian-luxury-giant
What’s Next for Prada Group, Versace?: Prada Group completes the acquisition of Versace, opening a new chapter, raising questions about leadership ...
wwd.com/business-news/mergers-acquisitions/future-prada-group-versace-closing-1238368046/
Billion-dollar deal completed: Versace now belongs to Prada: Luxury goods manufacturer Prada has fully acquired its competitor Versace. The €1 ...
spiegel.de/wirtschaft/unternehmen/versace-gehoert-jetzt-zu-prada-a-1500f41e-dfba-4310-8484-99d2dee7edd8
Prada, Versace Deal Completed: In April, the Prada Group revealed the acquisition of Versace from Capri Holdings for an enterprise value of 1.25 billion euros.
wwd.com/business-news/mergers-acquisitions/prada-versace-deal-closing-completed-1238367022/
The 'Medusa House' goes to a northerner: Prada buys Versace: The takeover pairs Prada’s minimalist Milanese restraint with Versace’s southern-Italian flamboyance ...
euronews.com/business/2025/12/03/prada-rescues-a-fading-icon-versace-bought-in-125bn-italian-fashion-shake-up
Minimalist Prada buys maximalist Versace for $1.4 billion, in bid to relaunch sexier Milan rival
thestar.com/news/world/europe/minimalist-prada-buys-maximalist-versace-for-1-4-billion-in-bid-to-relaunch-sexier-milan/article_d1fdd5c6-3c80-5db1-8b54-084c26ff00e4.html
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htmedia.page.link Dec 03
Fashion major Prada acquires smaller rival Versace for £1.3bn, Donatella Versace pays tribute to brother ‘it's your day’
livemint.com/companies/news/after-long-courtship-versace-becomes-part-prada-fashion-industry-acquisition-1-3-billion-euros-capri-holdings-antitrust/amp-11764732061159.html
signup.businesspost.ie Dec 02
Prada completes €1.3bn Versace takeover
businesspost.ie/article/prada-completes-e1-3bn-versace-takeover/
Paid articlePaywall Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
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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.
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