Prada to buy Versace for nearly $1.4 billion

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This episode was published on April 11, 2025.

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Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion labels.The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn), the Prada Group said on Thursday."We aim to continue Versace's legacy celebrating and re-interpreting its bold and timeless aesthetic," said Prada chairman Patrizio Bertelli.The Prada Group already owns several other designer labels including Miu Miu and luxury footwear brand Church's. Hosted on Acast. See acast.com/privacy for more information.

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