Prada Completes $1.4 Billion Versace Acquisition: What Comes Next for Italian Luxury
On December 2, 2025, the Prada Group officially completed its long‑planned acquisition of Milanese rival Versace, closing a deal valued at around €1.25–1.3 billion (roughly $1.38–$1.4 billion), depending on how you count enterprise value and final cash adjustments.PradaGroup+2Межа. Новини України.+2 The transaction unites two of Italy’s most famous fashion houses under one corporate roof: Prada and its youth‑driven sister brand Miu Miu on one side, and Versace, the emblem of maximalist glamour, on the other. It’s being hailed by analysts as a defining moment for Italian luxury—and a direct challenge to French giants like LVMH and Kering.Vogue+2Vogue+2 The Deal at
