The Prada Group already owns several other designer labels including Miu Miu and luxury footwear brand Church's. Its acquisition of Versace will create a multi-billion dollar luxury fashion group ...

Luxury Italian fashion house, Prada, has snatched up its rival and fellow Milan brand Versace for a whopping €1.25 billion ($2.2 billion AUD) despite global market chaos. Prada Group bought ...

Prada said the 47-year-old Versace brand offered “significant untapped growth potential.’’ “This is exactly the strength for our group. There are no overlaps in terms of creativity ...