Prada Buys Versace in Major Merger of Top Fashion Brands

By Gary Symons TLL Editor in Chief The devil may love Prada, but Prada clearly loves Versace. So much so that Prada has dug deep into its fabulous handbag to pay out $1.38 billion to buy its smaller but prestigious rival Versace. The deal, which dropped on April 10, unites two of Italy’s biggest names … Continue reading Prada Buys Versace in Major Merger of Top Fashion Brands