Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

Italian powerhouse Prada announced Thursday it will acquire flamboyant rival Versace from US-based Capri Holdings in a €1.25 ...

Rivals will soon become partners as Prada sewed up a deal to buy its competitor Versace. Read more trending news Capri ...