In 2000, Prada jointly acquired a 51% stake in the Roman label Fendi with LVMH, but sold its 25.5% stake to the French luxury giant a year later. With the Versace acquisition, "I see a risk for Prada ...

Fendi celebrated 100 years at Milan Fashion Week by going back to it’s roots with fun furs and classic silhouettes. Twenties ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership. Read more at straitstimes.com.