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Prada nears a deal to acquire Versace for €1.5B, boosting stocks of both companies. Check out market reactions and potential ...

A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.

The deal would unite two Italian fashion giants and could potentially create an Italian counterpart to French luxury groups, reports say.

Capri Holdings Ltd.’s stock soared 8.9% early Monday, after a report that the company is close to selling its Versace brand ...

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Versace, worn by actress Anne Hathaway (pictured), was set up by the late Gianni Versace in Milan in 1978 and is known for ...

PARIS: Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd after agreeing to a price of nearly ...

An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience.

Prada SpA defied a luxury industry downturn last year as wealthy young shoppers flocked to products from its Miu Miu brand.