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Capri Holdings

Donatella Versace Steps Down

Donatella Versace is leaving as the creative director of the luxury fashion brand Versace, a post she has held since 1997, reports AFP. According to the owner, British Capri Holdings, she will be succeeded by Miu Miu's chief designer Dario Vitale.

Donatella Versace Steps Down

Prada's purchase of Versace one step closer

The Italian luxury company Prada has come one step closer to buying its competitor Versace. The two companies have agreed on a purchase price of 1.

Prada's purchase of Versace one step closer

Sources: Prada wants to buy Versace

The Italian luxury company Prada may be on its way to acquire the competitor Versace, according to sources to the news agency Bloomberg. The company, which was once founded by Gianni Versace but is now owned by British Capri Holdings, made an operating loss of 21 million dollars in the last quarter and has been on its way to being sold to the American holding company Tapestry, owner of American brands such as Kate Spade and Coach.

Sources: Prada wants to buy Versace

Prada can buy Versace

The fashion house Prada is considering buying up its competitor Versace, reports the newspaper Il Sole 24. .

Prada can buy Versace