Prada Gets EU Approval for Versace Acquisition

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The high-stakes acquisition brought in a lineup of heavyweight legal advisers:

  • Wachtell Lipton Rosen & Katz represented Capri.
  • Skadden, Arps, Slate, Meagher & Flom LLP guided Prada on the deal.
  • BonelliErede advised Prada on Italian law and financing aspects.

A New Era in Fashion Power Plays

The approval not only cements Prada’s control over one of Italy’s most iconic fashion houses but also underscores the shifting balance of power in global luxury. With Versace under its belt, Prada is positioning itself to compete at a new level against European fashion titans like LVMH and Kering.

What remains is to watch whether this historic takeover reshapes luxury’s creative and financial future—or simply adds another jewel to Prada’s crown.

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