The deal is a sign of faith in the continued value of Made ... while signaling an attempt by Prada to create an Italian competitor to the powerhouses. “It’s a bold and ambitious move by ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters. Sign up here. Owning Versace, with its bold, baroque-style ...

Prada and Capri braved the uncertainty over U.S. tariffs and market volatility to sign the deal, according to people familiar with the matter. Capri needed to divest Versace to focus on turning ...