In this week’s top fashion news, a historic fashion acquisition deal closes, new destination retail outposts open doors, and luxury sinks its teeth into home.
First and foremost, Prada Group has officially agreed to acquire Versace for €1.25 billion, closing a historic deal for the luxury industry. Elsewhere, Supreme, one of LVMH‘s more recent acquisitions, opened its 18th store in the heart of Miami’s design district. At Milan Design Week, The Row was an unexpected fashion newcomer, presenting its debut homeware line. In the realm of sports, as the 2025 Masters golf tournament kicks off, Louis Vuitton has released a special gold menswear capsule. To showcase its FW25 collection, American designer label Bode recreated its entire line in miniature form, highlighting its dedication to meticulous crafts. Finally, Stone Island traveled to Toronto to launch its collaboration with Avi Gold’s Better Gift Shop.
Below, Hypebeast has rounded up the top fashion stories of the week so you can stay up to date on trends in the industry.
Prada Group Officially Acquires Versace
Italian luxury parent Prada Group has officially acquired Versace from Capri Holdings following months of speculation. Agreed at a price of €1.25 billion, Versace will join Prada and Miu Miu as part of the group’s portfolio of flagship brands. On the acquisition, Prada Group said “The brand constitutes a strongly complementary addition to the Prada Group’s portfolio and displays significant untapped growth potential leveraging multiple value creation levers,” in an official release.”
The news comes weeks after former artistic director and Versace family member Donatella Versace stepped down from her position, and the house enlisted Dario Vitale, who held a 14-year tenure at Prada Group. While Versace was hit particularly hard, reporting a 15% drop in sales in the final quarter, Prada Group had a standout year showing 18% sales growth yoy across all of its brands.
Many were surprised when Italian newspaper Il Sole 24 Ore released a report detailing a potential acquisition of Versace by Prada Group in January. Later in February, Prada Group initiated a full review of Versace and revealed that it was considering a bid for the brand. In March, Business of Fashion reported that Prada had agreed to a price of almost €1.5 billion EUR ($1.6 billion USD). With the deal now confirmed, how well Versace can integrate into the close-knit Prada brand family remains to be seen.
Supreme Sets Up Shop in Miami
On Thursday, Supreme opened its first-ever Florida boutique in the heart of the Miami Design District. Spanning a 3735 sqft, the immersive shop is decorated with artwork by Rita Ackerman, Harmony Korine, Mark Gonzales, Nate Lowman and Fuck This Life. The store also hosts a suspended skate bowl above the floor space by Steven Badgett’s Simparch.
To celebrate the opening of the 18th Supreme store, the brand has unveiled a full-length skate film entitled HEADBANGER by William Strobeck. Shot across the city by Strobeck, the film stars Miami native Zion Effs alongside Aidan Mackie, Ben Kadow, Caleb Barnett, Kader Sylla, Mark Gonzales, Elijah Odom, Patrick O’Mara, Rowan Zorilla, Sean Pablo, Seven Strong and Troy Gipson. Supreme Miami is located at 45 NE 41st Street, Miami, FL 33137.
The Row *Very Quietly* Launches Its First Homeware Collection in Milan
On Monday, The Row made a surprise appearance at the 2025 edition of Milan Design Week to debut a soft goods collection at the Palazzo Belgioioso in the Quadrilatero della Moda district. Living up to their quiet reputation, the presentation was intimate and pared-back, showcasing a collection of solid throws and bedding handcrafted from fine wool. Offered in beige, tan, and deep black hues, the range of blankets is handwoven in India from the world’s finest cashmere. Elsewhere, a Quilted bedding set, also in cashmere, is meticulously hand-stitched with small squares. According to Vogue, the variety used in the collection is harvested from young goats, and weighs less than 14.5 microns. The only indication of the brand appears on a corner of the blankets, which boast miniature logos.
Notoriously quiet about its endeavors, the elusive brand takes its time with its projects, which has made its arrival at the highly attended, foremost design week in the world a rather surprising turn of strategy. However, the restrained assortment reflects the Olsens’ unconventional approach, avoiding ambitious marketing tactics and product saturation by distilling their work with the finest details.
Louis Vuitton Hits the Links With New Golf Capsule
Arriving just in time for Spring, Louis Vuitton has unveiled an SS25 Men’s Golf Capsule, bringing the maison’s recognizable luxury codes to the sport. Neon-hued accents and the iconic Monogram motif are applied to a line of ready-to-wear gold gear, shoes, accessories, and even classic golf hardware. Each piece fuses modern styles with timeless elegance, showing the LV Damier print in various color schemes on classic polos, and in the accessories, including the golf club covers, ball and tee case,s and more. The bright green accents are also found on the LV-branded cap, socks, and golf ball-inspired tags. The Louis Vuitton Men’s Golf Capsule is now available online.
Bode Handcrafts Full Replica of FW25 Collection in Miniature Form
In place of shooting a traditional lookbook, this week Bode unveiled an elaborate campaign showcasing replicas of its Fall 2025 designs worn by miniature dolls. Across a storyboard of almost 80 images, the collection fuses the American designer’s affinity for historic menswear styles with inspiration from American composer Morris “Moose” Charlap’s work.
Titled “The Expressionist,” the collection is named after Charlap’s final, unfinished musical in collaboration with lyricist Eddie Lawrence. According to Bode, the play follows the life story of a painter, set in post-Impressionist Paris, New York City, and outer Pennsylvania. The collection is dominated by handknitted fabrics and woolen materials adorned with striped patterns and regal trims. Elsewhere, evening looks evoke a night at the opera through dramatic collars, taselled details, and even performance regalia. In other looks shown inside a mini art studio, casual styles such as painted graphic tees, a patchwork field jacket, and a studded denim blouson are easily imaginable in contemporary life size.
Stone Island Marina x Better Gift Shop Connect on Collaborative Colorway and Pop-Up
Fulfilling a dream of Avi Gold, his Toronto-based Better Gift Shop has joined forces with Stone Island Marina for a special capsule and pop-up. In Better Gift Shop x Stone Island Marina’s first tie-up, the pair have presented a new take on Stone Island’s Aluminium Tela_Stone Island Marina hooded jacket, dipped in Better Gift Shop’s signature “Better Blue” hue. The exclusive jacket, available in-store at Better Gift Shop, is crafted from 50Ne pure cotton poplin, laminated to an aluminium foil, and further protected by yet another layer of the same poplin. Finishing it off is a layer of special anti-drop agent. Longtime friend of Better Gift Shop and Stone Island archivist, Arco Maher assisted Gold with the endeavor, crafting a special selection of Stone Island products to display at Better Gift Shop.
The post Prada Group Acquires Versace, Supreme Arrives in Miami, and The Row Expands Into Homeware in This Week’s Top Fashion News appeared first on Hypebeast.
