Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...

Two of the biggest names in Italian fashion, Prada and Versace, will merge, the companies announced Thursday. Prada shelled out $1.375 billion to acquire its smaller rival—which has been ...

April 10 (UPI) --The high-end Italian fashion house Prada announced Thursday it has purchased its rival Italian luxury fashion company Versace. Prada paid $1.375 billion in cash for the ...

The Prada Group announced this week that it’s buying the luxury design house Versace for about $1.4 billion. Can you mix Prada with Versace, or is that a fashion faux pas? One iconic Italian ...

The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion ROME -- The Prada Group ...

The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion ROME -- The Prada Group ...

ROME — The Prada Group announced a deal Thursday to buy Italy’s Versace from the US luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).