---
title: "PRADA plans to acquire Versace Holdings for USD 1.375 billion"
description: "Prada plans to acquire Versace's holding company GIVI Holding S.r.l. for $1.375 billion, with the transaction expected to be completed by April 10, 2025. Versace is a leading international fashion bra"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/235432969.md"
published_at: "2025-04-10T12:35:03.000Z"
---

# PRADA plans to acquire Versace Holdings for USD 1.375 billion

> Prada plans to acquire Versace's holding company GIVI Holding S.r.l. for $1.375 billion, with the transaction expected to be completed by April 10, 2025. Versace is a leading international fashion brand with a unique position in the luxury goods market. This acquisition will bring complementary effects to Prada Group's brand portfolio and demonstrate significant growth potential through a diversified value creation strategy. Versace will maintain its creativity and culture under Prada Group while benefiting from the group's integrated platform advantages

According to the Zhitong Finance APP, Prada (01913) announced that on April 10, 2025, the company intends to acquire all shares of GIVI Holding S.r.l. (i.e., Versace Holding Company) from Capri Holdings Limited, at an enterprise value of USD 1.375 billion (equivalent to approximately EUR 1.25 billion or HKD 10.67 billion) (subject to certain adjustments).

It is reported that Versace was founded in Milan in 1978 and is one of the top international fashion design brands, representing Italian luxury on a global scale. With its outstanding brand recognition, Versace is a unique asset in the luxury goods sector. The brand has a deep heritage in the fashion world, showcasing great potential in interpreting contemporary trends and demonstrating keen insight in grasping and predicting the essence of today's and future societies.

Versace's distinctive aesthetic style will bring a high degree of complementary effect to the Prada Group's brand portfolio and demonstrate significant untapped growth potential through diverse value creation strategies.

Under the Prada Group, Versace will maintain its brand creativity and cultural heritage while fully benefiting from the advantages of the group's integrated platform (including industry capabilities, retail execution, and operational expertise)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.