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Prada has just agreed to buy Versace for $1.38 billion, weeks after Donatella Versace, the original owner, stepped down.

Under Gianni Versace's leadership, Versace saw a meteoric rise to fame. The fashion house has faced many ups and downs since his death.

On Thursday, Prada — in a move widely speculated for months — bought Versace for 1.25 billion euros (about $1.4 billion), ...

Prada will officially buy Versace. On April 10, Prada Group announced plans to purchase the Italian fashion house for $1.375 ...

The Prada Group has announced that it has bought its smaller rival, Versace. Prada acquired the Italian fashion house from ...

The deal follows the announcement on March 13 that Donatella Versace was stepping down as the chief creative officer of the ...

Donatella Versace, who held the role of Versace’s chief creative officer for nearly 30 years, stepped down last month.

Donatella Boutique Hotel and Donatella Restaurant—sister properties to the iconic Versace Mansion—are set to officially open this May at 1350 Collins Avenue, right in the heart of Miami Beach ...

Prada bought Versace for $1.4 billion less than a month after Donatella Versace stepped down from the latter brand as a ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...