In a landmark deal, Prada has acquired Versace for $1.36 billion, aiming to unite two iconic fashion brands. With this acquisition, Prada positions itself to compete more fiercely with luxury giants like LVMH.
In a stunning turn of events, Donatella Versace has stepped down as chief creative officer of the iconic brand her brother founded. Amidst internal conflicts and declining sales, find out what this means for the future of Versace.
