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Prada Group buys Versace in $1.37 billion deal

New Delhi, Dec 2 (IANS) The Prada Group on Tuesday announced that it has officially acquired luxury fashion label Versace in a deal worth $1.37 billion. With this move, Versace will now operate under the same umbrella as Prada and Miu Miu, bringing together some of Italy’s most influential fashion brands. The deal marks the […]