In a move marking a historic moment for the luxury fashion world, Prada announced on Thursday the acquisition of 100% of Versace from Capri Holdings. The deal brings together two icons of Made in Italy under a unified strategic vision, strengthening the Prada Group’s global presence.
“We are proud to welcome Versace into the Prada family,” said Chairman Patrizio Bertelli. “We share core values such as creativity, meticulous attention to product, and strong cultural roots. We will support the brand’s identity with long-term vision and commitment.”
According to CEO Andrea Guerra, the acquisition is a natural step for a Group that is now structured and mature. He also thanked Capri Holdings for its work in preserving and enhancing Versace’s legacy, emphasizing the importance of continuity.
The acquisition further consolidates Prada’s position in the luxury segment, opening up new creative, commercial, and industrial opportunities. Amid economic uncertainty, the Group looks to the future with a solid strategy and deep respect for the identity of the brands it encompasses.
“We are proud to welcome Versace into the Prada family,” said Chairman Patrizio Bertelli. “We share core values such as creativity, meticulous attention to product, and strong cultural roots. We will support the brand’s identity with long-term vision and commitment.”
According to CEO Andrea Guerra, the acquisition is a natural step for a Group that is now structured and mature. He also thanked Capri Holdings for its work in preserving and enhancing Versace’s legacy, emphasizing the importance of continuity.
The acquisition further consolidates Prada’s position in the luxury segment, opening up new creative, commercial, and industrial opportunities. Amid economic uncertainty, the Group looks to the future with a solid strategy and deep respect for the identity of the brands it encompasses.