Prada buys Versace for $1.4B to create Italian fashion powerhouse: ‘Huge potential’

Prada buys Versace for .4B to create Italian fashion powerhouse: ‘Huge potential’

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in the last few quarters. The … Read more

John D. Idol’s ‘God complex’ is driving fashion brands ‘into the ground’: sources on Versace, Kors owner

John D. Idol’s ‘God complex’ is driving fashion brands ‘into the ground’: sources on Versace, Kors owner

John D. Idol is a man who loves a gold logo — but it appears the fashion exec has lost his Midas touch, according to multiple sources. The multi-millionaire CEO of Capri Holdings made his fortune at America’s biggest brands, from Donna Karan to Michael Kors, before buying Italian design house Versace for $2.1 billion … Read more

Michael Kors and Jimmy Choo on Madison, John Mulaney on Broadway, more NYC events

Michael Kors and Jimmy Choo on Madison, John Mulaney on Broadway, more NYC events

Each week, Alexa is rounding up the buzziest fashion drops, hotel openings, restaurant debuts and celeb-studded cultural happenings in NYC. It’s our curated guide to the very best things to see, shop, taste and experience around the city.  What’s making our luxury list this week? Michael Kors and Jimmy Choo both debut new Madison Avenue … Read more

Luxury finds for spring: Roger Federer’s sunglasses to ‘ugly chic’ Prada makeup

Luxury finds for spring: Roger Federer’s sunglasses to ‘ugly chic’ Prada makeup

This spring season promises exciting collaborations, a designer makeup collection straight off the runway and a must-have bag available in an array of fabrications. Here are the chicest new luxury launches to add to your shopping cart: Italian designer Miuccia Prada is bringing her glamorous brand of “ugly chic” to Prada Beauty, the house’s new … Read more

Bosses & Swans: Best of New York Fashion Week

Bosses & Swans: Best of New York Fashion Week

Power dressing is back strong.  If there was one takeaway from New York Fashion Week, the semi-annual runway extravaganza that ended yesterday, it’s that confident glamour was in command. With inspirations ranging from Truman Capote’s swans and Carolyn Bessette Kennedy to C-suite execs, the dominant look for fall is post-pandemic polished, authoritative and sexy. That … Read more

The 40 best shows of New York Fashion Week

The 40 best shows of New York Fashion Week

New York Fashion Week’s spring 2024 collections brought the heat.  Between the soaring late-summer temperatures, sultry celebs in the front rows and steamy looks on the runways, the American collections sizzled. Editors, influencers and stars crisscrossed the city to see more than 70 designer shows staged over six days. Fashionistas even ferried to Governors Island … Read more