Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map
Milan’s luxury landscape shifted decisively on Tuesday, December 2, 2025, as Prada Group confirmed it has completed the long-awaited acquisition of fellow Italian fashion house Versace from Capri Holdings in a deal valued at about €1.25 billion.PradaGroup+29News+2 The closing, announced after all regulatory approvals were secured, brings together two of Italy’s best-known style powerhouses under one corporate roof and marks the largest acquisition in Prada’s 112‑year history.FashionNetwork+1
