Acquiring Company
Prada Group
Acquired Company
Versace
MilanMilanFashionRetailAdvertisingFashionRetailMarketingPublic RelationsRetail Apparel and FashionDescription
On December 2, 2025, Prada Group completed the acquisition of Versace from Capri Holdings for €1.25 billion. This marks Prada's largest acquisition in its 112-year history and aims to strengthen its position in the luxury market. Versace, one of the most recognized fashion brands globally, now joins Prada's portfolio and is set to undergo a significant turnaround.
Quick answer
Prada Group is acquiring Versace for $1.4 billion, announced December 2, 2025. Prada Group is based in Milan, Lombardy, Italy.
- How much did Prada Group pay for Versace?
- The reported deal value is $1.4 billion.
- What does Prada Group do?
- Prada Group is a renowned luxury fashion company known for its high-end products and innovative designs.
- Where are Prada Group and Versace based?
- Prada Group is based in Milan, Lombardy, Italy. Versace is based in Milan, Lombardy, Italy.
- Who are the decision-makers at Prada Group?
- Fundz holds 1 contact at Prada Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Prada Group, and when
When Prada Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Prada Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Prada Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Versace?
Versace was acquired by Prada Group, based in Milan. The deal was reported on December 2, 2025. Prada Group is a renowned luxury fashion company known for its high-end products and innovative designs. Prada Group is privately held and operates in Fashion.
When did Prada Group acquire Versace?
Prada Group's acquisition of Versace was reported on December 2, 2025. On December 2, 2025, Prada Group completed the acquisition of Versace from Capri Holdings for €1.25 billion. This marks Prada's largest acquisition in its 112-year history and aims to strengthen its position in the luxury market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Versace do?
Versace was founded in 1978 by Gianni Versace and is rooted in the principle of freedom—championing fearless self-expression across fashion, interiors, fragrance, hospitality, and more. It is privately held, operating in Advertising, and is based in Milan.
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