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Prada Acquires Versace in $1.4 Billion Deal to Dominate Italian Fashion

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Source: The Washington Post
Prada Acquires Versace in $1.4 Billion Deal to Dominate Italian Fashion
Photo: The Washington Post
TL;DR

Prada has completed its acquisition of rival luxury fashion brand Versace for $1.4 billion, marking a significant consolidation in the high-end fashion industry.

Topics:top-newsbusiness#acquisition#business#luxury-fashion#merger#prada#versace
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  1. Prada completes purchase of longtime rival Versace for $1.4 billion  The Washington Post
  2. Prada completes Versace takeover after long courtship  CNN
  3. Minimalist Prada buys maximalist Milan rival Versace for $1.4 billion  PBS
  4. Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion  NBC News
  5. Prada Completes Versace Purchase to Create Italian Fashion Monolith  The Daily Beast

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