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A man walks with a Prada shopping bag in front of a Versace shop, at the Montenapoleone luxury fashion street, in Milan, Italy, Tuesday, Dec. 2, 2025. (AP Photo/Luca Bruno)

Prada finalizes purchase of fashion rival Versace for $1.4 billion, launching new era

By Colleen Barry - Associated Press

Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billion

By Colleen Barry - Associated Press

FILE - Donatella Versace arrives at the Green Carpet Fashion Awards, Wednesday, March 6, 2024, in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)

Donatella Versace out as creative director of the Milan fashion house, in a shakeup by U.S. owner

By Colleen Barry - Associated Press

Prada posts double-digit growth in 2024 as it eyes Versace acquisition

By Colleen Barry - Associated Press

In this Feb. 15, 2008, file photo, a child and a man sit in front of the advertisement of Versace in Shanghai, China. Italian fashion house Versace has apologized in China for selling T-shirts that it said attached incorrect country names to cities, after a Chinese actress said the clothing was suspected of harming the country's territorial integrity and cut her ties with the company.Versace did not identify the T-shirt in a social media post Sunday, Aug. 11, 2019, but Chinese media said the item did not list Hong Kong and Macao as parts of China. Both former European colonies were returned to China in the late 1990s. (AP Photo/Eugene Hoshiko, File)

Versace apologizes in China sovereignty flap, pulls T-shirts

Associated Press

In this Feb. 15, 2008, file photo, a child and a man sit in front of the advertisement of Versace in Shanghai, China. Italian fashion house Versace has apologized in China for selling T-shirts that it said attached incorrect country names to cities, after a Chinese actress said the clothing was suspected of harming the country's territorial integrity and cut her ties with the company.Versace did not identify the T-shirt in a social media post Sunday, Aug. 11, 2019, but Chinese media said the item did not list Hong Kong and Macao as parts of China. Both former European colonies were returned to China in the late 1990s. (AP Photo/Eugene Hoshiko, File)

Versace apologies in flap over T-shirts sold in China

Associated Press

In this Tuesday, Dec. 26, 2017, photo, Joey Cargill of Manila, from the Philippines, left, and David Tamuty of Fort Lauderdale, Fla., lounge in the swimming pool lined with 24-karat gold tiles at The Villa Casa Casuarina in Miami Beach, Fla., as seen from the hotel's rooftop deck. The boutique hotel was once the home of slain fashion designer Gianni Versace. (AP Photo/Jennifer Kay)

Versace’s former mansion now a luxury hotel in Miami Beach

By JENNIFER KAY - Associated Press

Flights of fancy at Day 2 of London Fashion Week

By SYLVIA HUI - Associated Press