The global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market ...

Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talk of a sale of the business to rival Italian fashion house Prada .

Prada's CEO Andrea Guerra and Chief Marketing Officer Lorenzo Bertelli traveled to New York amid speculations about acquiring ...

She wanted to protect her family and her legacy. They didn’t give a s–t,” a source said of Donatella Versace and parent ...

Luxury fashion group Prada’s CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group ...

Luxury fashion group Prada's CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group ...

Prada's effort to purchase the Versace brand from Capri Holdings Limited is reportedly moving closer to completion.

Bernstein luxury analyst Luca Solca said Prada "may be getting Versace on the cheap,'' noting that Versace is a well-known name that complements Prada's existing brands. But he added there are ...

An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructuring Versace, which has faced mismanagement and operates ...

MILAN (Reuters) - An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand ...