Prada has completed its $1.38bn acquisition of Versace, bringing two iconic Italian fashion houses together as the brand seeks to strengthen its global luxury portfolio. The sale marks a significant loss for former owner Capri Holdings and comes amid shifting creative direction and slowing sales for Versace.
After over thirty years under Silvia Venturini Fendi, Maria Grazia Chiuri takes the creative reins at Fendi, blending heritage, innovation, and modern femininity.
Reliance Brands Limited (RBL) has entered a long-term franchise partnership with Italy’s MAX&Co., part of the Max Mara Fashion Group, to introduce the brand’s contemporary and versatile women’s fashion to India. The first store is set to open in Mumbai in early 2026, marking a new milestone in RBL’s growing global luxury portfolio.
Marc Newson reimagines the runway with a vibrant pixelated landscape for FENDI’s Spring/Summer 2026 show at Milan Fashion Week, echoing the patterns of quilts and flowers in motion, setting the stage for a collection rich in color, volume, and transformation.
Giorgio Armani, the legendary Italian designer who reshaped global fashion with his minimalist elegance and revolutionary tailoring, has died aged 91. From transforming Hollywood red carpets to redefining the power suit for women, Armani's legacy transcends fashion—he changed the way the world dressed.
