Versace acquired by Prada Group for USD 1.37 billion
Updated On: 02 December, 2025 05:38 PM IST | New Delhi | IANS
With a USD 1.37 billion acquisition, Prada Group adds Versace to its luxury lineup, marking a major shift in the global fashion industry
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The Prada Group on Tuesday announced that it has officially acquired luxury fashion label Versace in a deal worth USD 1.37 billion.
With this move, Versace will now operate under the same umbrella as Prada and Miu Miu, bringing together some of Italy’s most influential fashion brands.
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