Fashion
Prada Acquires Versace. What This Means
In December 2025, Prada finalized its acquisition of Versace, a deal valued at approximately €1.25 billion, or about $1.34 billion. The move adds Versace’s bold, maximalist aesthetic to Prada’s portfolio, which has long been defined by understated, minimalist design. This acquisition positions Prada as the steward of two of Italy’s most recognizable luxury brands, each with a distinct identity.
For Prada, the deal is strategic. Versace brings established global recognition, particularly in ready-to-wear, accessories, and footwear, while opening opportunities in emerging markets and new product categories. The brand’s energy and distinctive design language complement Prada’s refined approach, giving the group a broader reach across luxury consumer segments.
Photo: Google
Versace, on the other hand, gains access to Prada’s operational resources, including supply chain management, retail networks, and manufacturing capabilities. The brand has faced revenue pressures in recent years, and integration with Prada is expected to provide stability while preserving its creative identity. Leadership changes will follow: a member of the Prada founding family is set to serve as Versace’s executive chairman, overseeing the business side, while creative directors will continue to guide design decisions.
Photo: Google
Industry observers note that the acquisition signals a shift in the Italian luxury landscape. By consolidating two high-profile brands, Prada strengthens its position against major European conglomerates. Unlike acquisitions focused on replicating a single formula, this approach leverages the complementary strengths of two different brand philosophies: Prada’s precision and Versace’s flamboyance.
Photo: Google
The success of the merger will depend on careful execution. Prada executives have emphasized structured integration and long-term planning. Maintaining Versace’s cultural relevance while optimizing operational efficiency will be key to realizing the potential of this deal.
For luxury consumers and fashion professionals, the acquisition marks a significant moment. Prada is not merely expanding its portfolio; it is creating a platform where distinct Italian design languages coexist, with the potential to influence product offerings, global strategy, and brand positioning in the coming years.
Hailey Bieber’s love for denim has led to a collaboration with Gap, introducing a limited-edition collection inspired by her personal style and ’90s fashion. The collection, called “The Hailey Jean,”will launch on July 16 and it features two denim silhouettes: the Extra Baggy Jean and the Low Rise Loose Jean.
The collection was inspired by the vintage Gap jeans Bieber has often been seen wearing, as well as her love for the simplicity of ’90s dressing. Each style comes in three different washes. It also includes personalized details like a “1996” branding on the hardware and back patches, referencing her birth year, as well as her signature printed inside the pocket lining.
Photo: Gap
During an official press release, Bieber explained the collaboration came naturally because Gap has always been part of her wardrobe. “Gap has been a part of my wardrobe since I was a kid, so this came together very organically,” she said. She also explained that the collection was influenced by the way people dressed in the ’90s, adding, “There was something so effortless about that era and the way people wore denim. We wanted the campaign and the collection to capture that same feeling in a way that felt modern, nostalgic and personal.”
The model and entrepreneur worked with Gap on the design process, focusing on the fit, proportions, and washes of each pair. The collection features two jean styles available in six washes made from 100% cotton rigid denim, with the jeans retailing for $89.
Photo: Gap
The campaign, photographed by Mario Sorrenti and styled by Alastair McKimm, pays tribute to Gap’s ’90s advertising era. Bieber appears in the campaign wearing the new denim styles paired with classic Gap T-shirts. Directed by Charlie Di Placido, she was seen in a recreated ’90s bedroom setting with The Cranberries’ song “Linger” as the soundtrack.
Bieber also shared that fit and wash are the most important things she looks for when choosing jeans. When asked how she plans to style The Hailey Jean, she revealed that she has been pairing them with a long-sleeved oversized white shirt and a small heeled sandal for summer. For the colder months, she said she would style them with a flat shoe or loafer.
Paco Rabanne with Model Isabel Feldel/ Getty Images
Announcing the news, Rousteing described joining Rabanne as “a tremendous honour,” paying tribute to founder Paco Rabanne’s pioneering vision and acknowledging the creative foundation established by Dossena. He said he looks forward to building on the house’s rich heritage while contributing his own perspective to its future.
Photo: Instagram/Olivier Rousteing
His debut collection for Rabanne is scheduled to be unveiled during Paris Fashion Week in March 2027, offering the first glimpse of how he intends to reinterpret one of France’s most distinctive fashion.
The heat wave in Paris might have been overwhelming, but it didn’t stop guests from bringing their best. Fashion on the streets mirrored what was happening on the runways, with guests wearing similar textures, shapes and details.
Haute Couture Week, which takes place twice a year, remains one of the most exclusive events in fashion, with only designers approved by the Fédération de la Haute Couture et de la Mode (FHCM) invited to present their collections. This season’s schedule included brands like Schiaparelli, Chanel, Dior, Viktor & Rolf, Iris Van Herpen, and Robert Wun, alongside newer additions like Standing Ground and Manish Malhotra. While some houses like Maison Margiela were absent, the week still delivered powerful presentations.
Photo: Getty Images
Gigi Hadid
Throughout the week, designers unveiled collections filled with hand-stitched elements and bold textures. Gigi Hadid also made an impression on the runway in a black feather cocoon look, which offered a sense of ease in the middle of the heat.
But what happened outside the shows was just as interesting. Despite the hot temperatures, guests stepped out in variety of looks. From A-list names like Cynthia Erivo to Teyana Taylor, the streets of Paris turned into a second runway.
Photo: Getty Images
Emma Corrin at the Schiaparelli Haute Couture Fall/Winter 2026-2027 show
Emma Corrin arrived in a sculptural feathered jacket that felt ethereal. The piece featured a high neck covered in feathers that rose up toward the ears, with sharp, pointed details at the chest.
As Paris Haute Couture Week Fall/Winter 2026-2027 comes to a close, these are some of the best street style moments seen among celebrities so far.
Photo: Getty Images
Teyana Taylor at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
Photo: Getty Images Tallulah Willis and Demi Moore at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Naomi Watts at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
Photo: Getty Images
Cynthia Erivo at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Giveon at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Sabrina Carpenter at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Lily Collins at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Hudson Williams at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Shailene Woodley at the Balenciaga fashion show as part of Paris Haute Couture Fall/Winter 2026
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Nick & Priyanka Chopra Jonas at the Dior fashion show as part of Paris Haute Couture Fall/Winter 2026
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