Prada bought the Versace brand for 1.4 billion dollars

World14:50, 03-12-2025

On December 3, 2025, it was officially announced that the Prada fashion house purchased the Versace brand from Capri Holdings for 1.4 billion dollars. This was reported by Zamin.uz.

The deal was approved by the relevant regulatory authorities. From now on, Versace has joined the ranks of luxury brands within the Prada Group.

This group also includes other famous brands such as Miu Miu, Church’s, and Car Shoe. According to Prada Group, the company is engaged in the production and sale of clothing, footwear, and leather goods.

Its products are delivered to customers through 620 stores located in more than 70 countries worldwide. The Prada brand was founded in 1913 by Mario Prada and is today recognized as a symbol of luxury and elegance.

The brand has gained popularity for its minimalist designs, modern materials, and distinctive aesthetic approach. The addition of Versace to the Prada Group will further strengthen the company's position in the global fashion market.

Prada, Versace, Capri Holdings, Zamin, Mario Prada

Nodirbek Razzokov

Muxbir

Similar news

The World Meteorological Organization has warned that the probability of a "super El Niño" event is approaching 100%.

International climate scientists and leading researchers warn that a dangerous natural phenomenon — the "super El Niño" — may reach its peak in the coming months across the Earth, according to

WorldToday, 08:05

The number of children in learning poverty has reached 617 million.

According to a report prepared by the United Nations Development Programme (UNDP) and researchers from Oxford University, 1.2 billion people in 108 developing countries worldwide live in

WorldToday, 06:23

A robotically-minded man committed an act of indecency against a teenage girl in Kyoln

The report of a sexual assault involving a robot against a 16-year-old girl in the German city of Cologne has attracted public and law enforcement attention. One.uz reports this. According to local

WorldYesterday, 16:31

The number of children in poverty has increased to 600 million

1.2 billion people around the world are living in extreme poverty. One.uz reports this. In one year, their number has increased by 51.5 million. This was stated in a report prepared by the United

WorldYesterday, 14:21

NATO Initiates "Steadfast Noon" Military Exercises in Italy

The North Atlantic Treaty Organization (NATO) has begun its annual nuclear exercise, Steadfast Noon, on Italian soil. This isuz. Starting on Monday and lasting one week, these

WorldYesterday, 11:33

Tramp Kim Chen In bilan yangi shaxsiy uchrashuv ehtimoli bildirdi

US President Donald Trump warned in November that he might hold a new personal meeting with North Korean leader Kim Jong Un, One.uz reports. He said this while speaking with White House press

WorldYesterday, 09:05