Italy's Prada is among the potential suitors looking at fashion group Versace, which has been put up for sale by its parent Capri Holdings, and has been working with Citi to evaluate any bid, a person with knowledge of the matter said on Friday.

Capri hired Barclays to look at strategic options including the sale of its Versace and Jimmy Choo brands, two people with direct knowledge of the matter told Reuters

Speculation surrounding Versace’s sale is continuing to mount. It is now believed that Italian luxury giant Prada is eyeing a takeover of the brand. This is

Italy's Prada is considering buying fashion group Versace from U.S. Capri Holdings, daily Il Sole 24 ore reported on Friday. Julian Satterthwaite reports.

Prada is looking into a possible acquisition of Versace, after a previous attempt to sell the fashion house failed last year.

The Italian group Prada is considering the purchase of the fashion group Versace from the American multinational Capri Holdings, also the owner of the brands Jimmy Choo and Michael Kors, as reported on Friday by the Italian newspaper Il Sole 24 Ore.

Italian fashion brand Prada could be weighing a purchase of the Versace label, daily Il Sole 24 Ore reported on Friday. The luxury house is working with adviser Citi to decide whether to pursue a deal,