TEMPO.CO, Jakarta - Renowned Italian fashion house, Prada SpA, is reportedly in the final stages of acquiring Versace from Capri Holdings Ltd. The acquisition value is estimated to reach almost 1.5 billion, or around Rp25.8 trillion.
If this deal goes through, then two major names in the Italian fashion industry will be under one ownership, creating a new significant force in the global fashion landscape. The merger of these two brands is seen as a pivotal moment that reaffirms Italy's position as a world fashion center, while also opening up opportunities for iconic collaborations that can shape future luxury lifestyle trends.
According to Finfolk, discussions regarding this acquisition have been ongoing since early 2025. After undergoing a due diligence process that showed no significant risks, Prada has been given exclusive access to Versace's financial information. Although the final timing and price details may still change, the deal is expected to be concluded in the near future. Prada sees this acquisition as a strategic move to strengthen its competitiveness on the international stage, especially in facing the dominance of major groups such as LVMH and Kering.
The presence of Versace under Prada's umbrella is expected to create an exciting synergy between two different design approaches. Prada is known for its clean, minimalistic, and elegant aesthetic, while Versace offers a bold, glamorous, and colorful style. This combination is believed to generate new appeal for the global market, by uniting two contrasting yet complementary creative visions.
Prada has a long history in the fashion world. As quoted from Antara, Prada was founded by Mario Prada in 1913 in Milan, initially selling luxury leather goods. Under the direction of Miuccia Prada since the late 1970s, Prada has evolved into a symbol of modern luxury. Its popular products include iconic nylon bags, shoes, and perfumes. Additionally, Prada also owns several other brands such as Miu Miu and Church's, making it a major player in the luxury fashion industry.
Meanwhile, Versace was established in 1978 by the legendary designer Gianni Versace. Its striking, detailed, and colorful style has made Versace a symbol of luxury and boldness. The iconic Medusa logo reflects a touch of mythology in their designs. After Gianni's passing in 1997, his sister, Donatella Versace, took over as the creative director and has continued to maintain the brand's distinctive characteristics.
While there are great opportunities ahead, this acquisition also faces challenges, especially in terms of price adjustments between Prada and Capri Holdings. However, if the deal goes through, Versace will return to the hands of an Italian company, after being sold to Capri in 2018. This move also demonstrates how the dynamics of the fashion industry are increasingly moving towards consolidation, where acquisitions are used as the main strategy to expand reach and remain competitive globally.
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