Prada officially buys rival Italian luxury brand Versace in $1.4B cash deal

Source: New York Post Business | Published: December 2, 2025, 2:25 pm | Read Original

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The highly anticipated deal is expected to relaunch Versace’s fortunes, after middling post-pandemic performance as part of the US luxury group Capri Holdings.

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Prada officially buys rival Italian luxury brand Versace in $1.4B cash deal

The highly anticipated deal is expected to relaunch Versace’s fortunes, after middling post-pandemic performance as part of the US luxury group Capri Holdings.

New York Post Business • Dec 2, 2025 • Found on Glideslope.ai

Post hash: 2uzcl9f • glideslope.ai/post/2uzcl9f

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Neutral • Score: 0.0

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