Acquiring Company
Prada
Acquired Company
Versace
MilanMilanE CommerceFashionRetailLifestyleAdvertisingFashionRetailMarketingPublic RelationsRetail Apparel and FashionDescription
Prada announced its acquisition of Versace for $1.4 billion, expanding its portfolio of luxury brands. The acquisition is expected to be completed between September and November this year. This move comes despite challenges in the luxury market, as Prada reported growth supported by its Miu Miu brand. The company aims to strengthen its position amidst a downturn in the luxury sector.
Quick answer
Prada is acquiring Versace for $1.4 billion, announced July 30, 2025. Prada is based in Milan, Lombardy, Italy.
- How much did Prada pay for Versace?
- The reported deal value is $1.4 billion.
- What does Prada do?
- Prada is a renowned Italian luxury fashion house known for its sophisticated and stylish clothing, accessories, and leather goods.
- Where are Prada and Versace based?
- Prada is based in Milan, Lombardy, Italy. Versace is based in Milan, Lombardy, Italy.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Fashion
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Authentic Brands Group to acquire majority stake in Guess? (August 20, 2025)
- Ulta Beauty acquires British beauty retailer Space NK (July 10, 2025)
- Interluxe Group and North & Warren acquire Quinn (September 9, 2025)
- Dick’s completes $2.4 billion Foot Locker acquisition, $2.4B (September 8, 2025)
- MySize acquires Percentil, boosts Q2 revenue (August 18, 2025)
- TeedUp DF acquires Linksoul for growth (August 1, 2025)
Who to call at Prada, and when
When Prada changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Prada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Prada, from your own LinkedIn network
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Frequently asked
Who acquired Versace?
Versace was acquired by Prada, based in Milan. The deal was reported on July 30, 2025. Prada is a renowned Italian luxury fashion house known for its sophisticated and stylish clothing, accessories, and leather goods. Founded in 1913, it has grown to become a leader in the luxury market. Prada is privately held and operates in E Commerce.
When did Prada acquire Versace?
Prada's acquisition of Versace was reported on July 30, 2025. Prada announced its acquisition of Versace for $1.4 billion, expanding its portfolio of luxury brands. The acquisition is expected to be completed between September and November this year. 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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