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05
Dec 2025
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Prada completes the acquisition of Versace after months of negotiations

Prada signed a definitive agreement in April to buy Versace from US-based Capri Holdings for around €1.3 billion

Despite Trump’s tariffs, Prada acquires Versace for $1.38 billion

The deal marks the largest acquisition in Prada’s 112-year history and brings Versace back into Italian hands

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