The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

Luxury fashion brand Prada has bought fellow Italian-founded luxe labvel Versace in a $2.2 billion dollar deal.

The first attraction you'll witness when you approach Capri by boat is Marina Grande. The charming harbor, colorful houses and lush surrounding landscape greet tourists in the best way possible.

The Prada Group has announced the purchase of the Versace fashion house from the US luxury group Capri Holding in a cash deal ...

The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion.

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss ...