Prada Group, a famous Italian fashion house, announced on Tuesday, 2 December 2025, that it has completed its acquisition of Versace from Capri Holdings. The announcement comes after the regulatory requirements were submitted and cleared.
Prada and Versace, once the fiercest competitors on the runway, are now under one roof. The £1.12 billion ($1.4 billion) acquisition marks a historic turning point, creating a unified luxury titan poised to reinvent the high-fashion business landscape.
