As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

Prada is finalizing an agreement to acquire Versace from Capri Holdings for approximately 1.5 billion ($1.6 billion). This acquisition would unite two of Italys most iconic luxury fashion brands, bringing Versace

Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News reported on Sunday.

Prada and Capri—also owner of brands including Jimmy Choo and Michael Kors—could finalise a deal for Versace in March, the report said, citing unnamed sources. Talks between t

Italy's Prada is in talks to buy Versace from the US investor Capri Holdings for a price that could reach nearly 1.5 billion euros, Bloomberg has reported. An agreement between Milan-based Prada and the New York-listed Capri could reportedly be finalized by the end of March.