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Prada edging towards deal with Capri to buy Versace for £1.2bn

The Guardian

|

March 04, 2025

Prada is in talks to buy the Versace fashion brand from the US investor Capri Holdings for a price that could reach nearly €1.5bn (£1.2bn/$1.57bn).

- Jasper Jolly

Milan-based Prada and the New York-listed Capri could reach a deal this month, Bloomberg reported.

A deal would bring the Versace brand back under Italian ownership, and would make Prada larger as it tries to compete with France's LVMH, the owner of luxury brands including Louis Vuitton, Moët & Chandon and Hennessy.

FLERE HISTORIER FRA The Guardian

The Guardian

Reeves 'discussing an increase to income tax' in November budget

Rachel Reeves is considering raising income tax to help eliminate a multi-billion-pound black hole, sources have told the Guardian.

time to read

4 mins

October 24, 2025

The Guardian

The Guardian

'The perfect symbol' Ballroom blitz inspires chorus of condemnation

When Barack Obama roasted Donald Trump at the 2011 White House Correspondents' Association dinner, the icing on the cake was a cartoon of what the White House might look like if Trump ever became US president.

time to read

4 mins

October 24, 2025

The Guardian

The Guardian

'Stay calm and block the noise'

Van Dijk's Liverpool summit clears air after losing streak

time to read

2 mins

October 24, 2025

The Guardian

The Guardian

Just redo it: inside Nike's plans to put swoosh back into its sales

World's largest sportswear brand reveals innovations and a new slogan to rebound from a 'pretty big kicking'

time to read

11 mins

October 24, 2025

The Guardian

The Guardian

Villa stunned in Netherlands and Rangers' slump goes on

Aston Villa suffered a Europa League humbling as they were beaten 2-1 by Dutch minnows Go Ahead Eagles in Deventer.

time to read

1 mins

October 24, 2025

The Guardian

The Guardian

'History can be healed' Charles visit offers hope for interfaith conciliation

AImost every British schoolchild is taught that Henry VIII, the swaggering Tudor king driven by lust and his quest for an heir, broke away from the Roman Catholic church in 1534 after the pope refused to annul his marriage to Catherine of Aragon.

time to read

2 mins

October 24, 2025

The Guardian

The Guardian

Old haunts English Heritage goes on a ghost hunt

Alerted to an intruder, the security guard at Chester Castle knew something was up when his normally fearless dog refused to leave the car. When the guard investigated, he felt \"a hundred eyes\" on him- but found no one.

time to read

2 mins

October 24, 2025

The Guardian

The Guardian

We won't bow to US pressure, says Putin

Vladimir Putin has said Russia will never bow to US pressure but conceded new sanctions could cause economic pain, as China and India were reportedly scaling back Russian oil imports after Washington targeted Moscow's two largest producers.

time to read

3 mins

October 24, 2025

The Guardian

The Guardian

Booker launches children's award

The Booker Prize Foundation has launched a major new literary award, the Children's Booker prize, offering £50,000 for the best fiction written for readers aged eight to 12.

time to read

3 mins

October 24, 2025

The Guardian

'They can ruin Russia as a petro-state'

How US sanctions plan could work

time to read

3 mins

October 24, 2025

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