Prada Buys Versace For $1.4 Billion, Social Media Reacts
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Alvin aqua Blanco
Published on
April 10, 2025
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Prada has agreed to buy the smaller Italian fashion house, and competitor, Versace. The deal is reportedly worth almost $1.4 billion.
On Thursday (April 10), Prada it purchased the brand for $1.375 billion (€1.25 bn) from its owner, Capri Holdings. Part of the deal was acquiring Versace’s debt and the union creates one of the biggest conglomerates in Italian fashion.
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Prada Buys Versace For $1.4 Billion, Social Media Reacts was originally published on cassiuslife.com
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