The global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace has been facing financial challenges, and this acquisition ...

Donatella Versace is giving up the creative reins of luxury fashion label Versace after nearly three decades, it was ...

Demna Gvasalia’s provocative work for Balenciaga rubbed many the wrong way. But he could offer struggling Gucci a jolt of the rude energy it needs.