Prada acquires Versace in .375 billion sale

Prada acquires Versace in $1.375 billion sale

After a rocky 24 hours, Prada completed the purchase from fashion conglomerate Capri Holdings. Prada. Photo by Peter Dazeley/Getty Images   Prada has acquired Versace, another one of luxury fashion’s most recognizeable names, in a $1.375 billion deal from holdings company Capri Holdings. The deal was salvaged after seeming unlikely only hours earlier, reports the…

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