Event Brief
Dec 2, 2025 at 6:00 AM ET
Prada Group acquires Versace for $1.4 billion
By The BriefBrief
The Prada Group has officially purchased Milan fashion rival Versace for nearly $1.4 billion.
WHO: Prada Group
WHAT: acquired Versace
WHEN: Dec 1, 2025 at 7:00 PM ET
WHERE: Milan, Italy
WHY: to expand its fashion portfolio
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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