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.

Italy's Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up for sale, the daily Il Sole 24 Ore reported on Friday. In November, Coach-owner Tapestry abandoned an $8.5 billion deal to buy Michael Kors-owner Capri.

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

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. Could AI-assisted program help badminton players with training?

Prada is eyeing a potential acquisition of Versace from Capri Holdings, with Citi as its adviser. Capri has enlisted Barclays to find potential buyers for Versace. Other fashion groups and private equity funds are also interested.

In addition to Versace and Jimmy Choo, Capri ( NYSE: CPRI) owns the Michael Kors brand. For its part, Prada S.p.A's ( OTCPK:PRDSY) ( OTCPK:PRDSF) stable of brands includes Prada, Miu Miu, Church's, Car Shoe, Pasticceria Marchesi 1824, and Luna Rossa

Prada is eyeing a potential acquisition of Versace from Capri Holdings, with Citi as its adviser. Capri has enlisted Barclays to find potential buyers for Versace. Other fashion groups and private equity funds are also interested.

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The likelihood and potential success of Prada Group acquiring Versace was waved away, citing concerns over strategic fit and past M&A challenges.