Italy's Prada agrees to buy fashion rival Versace
10/04/2025 13:29
MILAN, April 10 (Reuters) - Prada 1913.F has struck a deal to buy smaller rival Versace from Capri Holdings CPRI.N in a move to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion, Prada said. (Reporting by Elisa Anziolin Writing by Keith Weir)
Recent news on Prada
See all newsPrada Hong Kong shares jump most in over 2 years on H1 revenue growth
Prada execs say China remains very tough despite improvement
Europe Research Roundup: Ariston Group, Johnson Matthey, SEGRO
Prada's Hong Kong shares climb to one-week high on higher quarterly revenue
Prada HK shares drop most in 7 months on results, Versace concern