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Prada Group folds Versace into its fashion empire
The Morning Standard
|December 03, 2025
$1.37 BILLION COUTURE DEAL
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THE Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal.
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