Prada in talks to acquire Versace in $1.6-billion deal
The deal between the two Italian fashion labels is likely to be announced this month, say reports
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Published: Mar 3, 2025 4:01 PM | 1 min read
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Luxury brand Prada is in the final stages to close its deal to acquire Versace in a $1.6-billion deal, media agencies have reported.
The deal between the two Italian fashion labels is likely to be announced this month.
The brands are through with the rounds of due diligence, it has been learnt.
As per reports, the acquisition figures and terms might seem some changes.
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