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The Associated Press on MSN11d
Italian fashion house Versace sold to rival
The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri ...
The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the roughly $2.15bn, including debt ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...
The Versace label, known for its Medusa head logo ... owning other brands including the fast-growing Miu Miu and Church's shoes. ($1 = 0.8994 euros) Reporting by Elisa Anziolin in Milan and ...
Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, ...