$1.4B Fashion Deal: Prada Acquires Versace Despite Trump Tariff Hurdles

Luxury fashion firm Prada Group reached an agreement with Capri Holdings to acquire designer brand Versace in a deal valued at $1.38 billion, Prada announced Thursday, after earlier reports indicated the two Italian fashion staples struggled to close the transaction as President Donald Trump’s tariffs roiled markets.

Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2025/04/10/prada-buys-versace-for-nearly-14-billion-after-trumps-tariffs-almost-derailed-acquisition/

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