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Apr 10, 2025, 10:32 am43 ptsThe Cut
Edward Berthelot/Getty Images Two of the most famous Italian luxury brands are joining business forces. On Thursday, Prada announced that it will acquire Versace from Capri Holdings, the American parent company of Michael Kors. Prada is paying €1.25 billion (about $1.375 billion) for the label, landing a…
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