Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion
Rome – Prada Group announced on Thursday to buy Versace from Italy from the Capri Holdings in the United States under conditions estimated at 1.25 billion euros ($ 1.4 billion). Prada said that adding “aesthetic that can be very recognized … constitutes a strong complementary addition” to its wallet, which includes fashion brands Prada and … Read more