Prada Acquires Versace and Appoints Mulier

Pieter Mulier appointed as Versace chief creative officer, effective July 1, 2026.
Prada Group acquired Versace for 1.25 billion euros in April 2025.
Mulier leads Versace’s turnaround after $193M revenue drop in fiscal 2025.
Mulier will direct Alaïa’s post-Azzedine creative direction starting July 1, 2026.
Prada Group plans synergies while keeping Versace separate post-acquisition.

Fashion | Business | Leadership

Italy | Switzerland

Lorenzo Bertelli | Dario Vitale | Pieter Mulier | Azzedine Alaïa

2 weeks ago