The $1.38bn (£1.04bn) deal between the two Italian fashion giants is well below the roughly $2bn Versace was sold for in 2018.

La maison guidata da Miuccia Prada e Patrizio Bertelli annuncia che sono state ottenute tutte le licenze necessarie all’operazione

El grupo Prada ha completado este martes la compra de la firma de moda Versace por un valor de 1.375 millones de dólares.

Capri Holdings said Tuesday that it had completed the sale of Versace to Prada for $1.375 billion in cash, finishing the transaction started in April.

Prada manda in porto l'acquisto di Versace e mette alla guida del brand, nella veste di presidente esecutivo, Lorenzo Bertelli, attuale direttore marketing e responsabile della…

The $1.38bn (£1.04bn) deal between the two Italian fashion giants is well below the roughly $2bn Versace was sold for in 2018.