MILAN - Prada has struck a deal to buy smaller rival Versace from Capri Holdings to unite two of the biggest names in Italian fashion. The deal has an enterprise value of $1.375 billion, Prada said on ...

Last year, Italian tax authorities took on the fashion house of Dolce & Gabbana, eventually imposing a fine of 343.3 million euros ($439.70 million U.S.) as restitution for allegations of evading ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. TORGIANO, Italy (AP) — The Prada Group is ...

VALVIGNA, Italy (Reuters) - Italy's Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will help double the size of its ...

Technology and artificial intelligence will give us efficiency and free up time for high value-added work,” stated Lorenzo ...

Milan: Prada aims to hire more than 400 people in Italy by the end of the year to strengthen its production capacity and maintain growth, the Italian luxury group said on Thursday. The investment plan ...

Italian tax authorities seem to be setting a new fashion -- targeting famous designers. First it was Dolce & Gabbana. Now, Italian designer Miuccia Prada and her husband, Prada chief executive ...

LONDON/MILAN (Reuters) -Italy's Prada is among the potential suitors looking at fashion group Versace, which has been put up for sale by its parent Capri Holdings, and has been working with Citi to ...

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion). The acquisition will create a ...

TORGIANO, Italy (AP) — The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the ...

The acquisition will create a luxury group with revenues of over six billion euros (AUD$10 billion) that could better compete with industry giants such as the French conglomerates LVMH and Gucci owner ...