Italy's Prada is among the potential suitors looking at fashion group Versace, put up for sale by 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

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.

Italy’s Prada is among the potential suitors looking at fashion group Versace which Capri Holdings has put up for sale, an Italian newspaper reported on Friday. In November, Coach-owner Tapestry abandoned an $8.

Italian luxury brand Prada may be considering acquiring Versace, according to a report from Il Sole 24 Ore. The speculation comes as Versace’s owner, Capri Holdings Ltd., has enlisted Barclays to explore strategic options for the iconic label and other brands in its portfolio,

The Italian financial daily added that other fashion groups, as well as private equity funds, would also be interested in Versace, but that a value for the Italian maison was still being discussed.

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,