Prada Group Completes Acquisition Of Versace
In a one-line statement, Prada has notified the successful completion of the acquisition of Versace from Capri Holdings after having received all required regulatory clearances
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Prada Acquires Versace In $1.37 Bn Deal
- by BW Retail World Bureau
- April 11, 2025
Italian fashion house signs definitive agreement with Capri Holdings, marking a major consolidation in the global luxury sector Italian luxury conglomerate Prada S.p.A. has signed a definitive agreement to acquire 100 per cent ownership of iconic fashion brand Versace from Capri Holdings. The all-cash deal is valued at an enterprise value of USD 1.373 […]
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- by BW Retail World Bureau
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In November, a bigger-than-expected drop in quarterly revenue was posted by Capri which was hurt by execution missteps, as per reports