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Italian luxury brand Prada has confirmed the acquisition of Versace from U.S.-based Capri Holdings in a deal worth approximately $1.4 billion. The acquisition is set to be finalized in the second half of this year, marking a significant milestone in Prada's 112-year history.
Read More »Prada to Purchase Versace for $1.4 Billion, Overcoming Trump Tariff Challenges
