April 2025 - Beauty Tips

Tuesday, 15 April 2025

Mindy Kaling’s Nadine Merabi Monica Red Blazer

Thursday, 10 April 2025

Prada Strikes $1.4 Billion Deal for Versace

11:38 0

 

Deal talks had been dragging on with market turmoil

Updated  ET

A Paris Versace store with mannequins in the window, and blurred pedestrians walking by.
Versace, which was founded more than 40 years ago, is known for its flashy and sometimes risqué designs PHOTO: CYRIL MARCILHACY/BLOOMBERG NEWS

Prada 1913 4.93%increase; green up pointing triangle said it would acquire Versace from fashion conglomerate Capri Holdings CPRI -10.27%decrease; red down pointing triangle for $1.38 billion, salvaging a deal that was at risk of collapsing because of the market upheaval.

The deal was announced Thursday, confirming an earlier report by The Wall Street Journal.

Advertisement

Read More