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

Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals such as Louis Vuitton-owner LVMH and Kering and widen its customer base. It ...

The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values ...

Most famous as the hometown of Shakespeare’s tragic couple Romeo and Juliet, Verona isn’t typically one of the first cities ...

ROME — The Prada Group announced a deal Thursday to buy Italy’s Versace from the US luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

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.

ROME -- The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).

The Prada Group announced on Thursday that it has agreed to pay €1.25 billion (₱80.3 billion) to acquire Versace, the Italian ...