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The Guardian - UK
The Guardian - UK
Lifestyle
Jasper Jolly

Prada in talks to buy Versace in deal that could reach almost €1.5bn

Models on the Versace runway
Versace presenting its autumn/winter 2025 collection at Milan fashion week on Friday. Photograph: Alessandro Garofalo/Reuters

Prada is in talks to buy the Versace fashion brand from the US investor Capri Holdings for a price that could reportedly reach nearly €1.5bn (£1.2bn).

Milan-based Prada and the New York-listed Capri could reach a deal for Versace this month, Bloomberg reported, although the talks could still fall apart.

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