Prada and Capri—also owner of brands including Jimmy Choo and Michael Kors—could finalise a deal for Versace in March, the report said, citing unnamed sources. Talks between t

Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News reported on Sunday. Ciara Lee reports. India and Pakistan cricket fans both confident as arch-rivals clash

Adding Versace to its luxury empire. Prada SpA is reportedly close to acquiring the iconic Italian fashion house from Capri Holdings Ltd., with a deal valued at approximately €1.5 billion ($1.6 billion),