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Reading: Prada Completes $1.37 Billion Versace Acquisition
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prada-completes-$1.37-billion-versace-acquisition
Prada Completes $1.37 Billion Versace Acquisition

Prada Completes $1.37 Billion Versace Acquisition

Last updated: December 3, 2025 2:48 am
By Evgenia Filimianova
1 Min Read
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Prada Completes $1.37 Billion Versace Acquisition

A man walks past a Prada shop in Geneva, Switzerland, on Nov. 16, 2020. Denis Balibouse/Reuters

Fashion giant Prada said on Dec. 2 it had completed the acquisition of Versace from Capri Holdings, closing a deal first announced in April.

“Prada today announces the successful completion of the acquisition of Versace from Capri Holdings, after having received all required regulatory clearances,” the company said in a statement.

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