Prada Group

The brand acquires Versace

11 Apr 2025
By Anastasia Cherepanova
Photo: INSTAGRAM / PRADA

Prada Group has acquired Versace for $1.4 billion. The tariffs introduced under Donald Trump played in the company's favor, allowing the acquisition to go through at a lower price – the original deal was valued at €1.5 billion.

11 Apr 2025
By Anastasia Cherepanova
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