Fashion executive John Idol sold Versace to Prada for $US1.38 billion ($2.2 billion), a roughly $US700 million loss.

In 1978, Gianni started his own fashion company, Gianni Versace S.p.A. Donatella moved to Milan to be with Gianni when he founded the company, learning from him and serving as his muse. She also began ...

Global stock markets surged on Thursday following Donald Trump’s decision to pause tariffs for 90 days in a stunning reversal ...

Prada will buy rival fashion house Versace for $1.4 billion in a deal uniting the two biggest names in Italian luxury, the ...

The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will ...

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

Gas prices declined in March, while costs for housing and clothing rose at a slower pace. Food prices increased over the ...

Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having ...

ROME: The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms ...