While neighboring luxury fashion houses face declining sales amid an industry-wide downturn, Miu Miu reports a record year ...

Fashion giant Prada has ordered a review of Versace as it evaluates a potential bid for the Italian brand, which is currently owned by global luxury group Capri Holdings, according to a report.

Milan-based Prada was founded in 1913 by Mario Prada and is run today by his granddaughter, Miuccia Prada. The company has completed initial due diligence on Versace and has been ...