Prada: Prada Group is Versace's New Owner
Versace's "For Sale" sign can now read "Sold." On Thursday, Prada Group announced it has acquired the Italian fashion house from Capri Holdings (parent of Michael Kors and Jimmy Choo) for a tentative €1.25 billion. The final cash consideration is still pending approval. "We are delighted ...Continue reading
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Prada is an Italy-based company that designs, manufactures, and distributes products such as handbags, leather goods, footwear, apparel, and accessories for men and women.
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