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Prada to buy Versace for $1.375 bn, uniting top Italian fashion houses
Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss
Prada mulls Versace buy as Capri seeks buyers with Barclays' help
Last month, trade journal Women's Wear Daily had reported that the US luxury conglomerate, which also owns Michael Kors, was working to find buyers for some of its brands, including Versace
From Chanel to Etro: Versace sale leaves few luxury brands up for grabs
Besides global powerhouses, there are a few family-owned brands with niche appeal that might attract covetous glances