Prada buys Versace in a game-changing deal for Italian fashion
Prada just bought Versace-here's why it mattersTwo of Italy's biggest fashion houses are joining forces, as Prada acquires Versace for 1.25 billion set to reshape the future of luxury. By Ruby StephensINSTAGRAM // @donatella_versaceIN ONE OF THE BIGGEST shake-ups in the Italian fashion world Prada has officially acquired Versace. Yes, you read that right-Miuccia's house of cerebral cool has taken ownership of Donatella's temple of high-octane glamour in a deal reportedly valued at 1.
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