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

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