Prada Acquires Versace in $1.4 Billion Deal to Dominate Italian Fashion
TL;DR Summary
Prada has completed its acquisition of rival luxury fashion brand Versace for $1.4 billion, marking a significant consolidation in the high-end fashion industry.
- Prada completes purchase of longtime rival Versace for $1.4 billion The Washington Post
- Prada completes Versace takeover after long courtship CNN
- Minimalist Prada buys maximalist Milan rival Versace for $1.4 billion PBS
- Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion NBC News
- Prada Completes Versace Purchase to Create Italian Fashion Monolith The Daily Beast
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