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The deal, which also includes Versace’s debt, reflects the brand’s recent performance challenges amid a global luxury slowdown. Prada’s acquisition forms a powerful multi-brand luxury group ...
10 天
GlobalData on MSNPrada agrees to buy Versace from Capri in $1.38bn cash dealCapri expects the sale to strengthen its financial position and accelerate strategic investments focused on Michael Kors.
Prada's management sees untapped potential in Versace’s global brand recognition, aiming to evolve its bold aesthetic and ...
MEOVV’s Gawon has officially been announced as the newest brand ambassador for Prada! On April 17, the Italian luxury fashion house revealed the news via its official social media, stating ...
The Prada Group already owns several other designer labels including Miu Miu and luxury footwear brand Church's. Its acquisition of Versace will create a multi-billion dollar luxury fashion group ...
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The Associated Press on MSN11 天
Prada agrees to buy rival fashion house Versace in a deal valued at $1.4 billionPrada said the 47-year-old Versace brand offered “significant untapped growth potential.’’ “This is exactly the strength for our group. There are no overlaps in terms of creativity, in terms of ...
The Prada Group already owns several other designer labels including Miu Miu and luxury footwear brand Church's. Its acquisition of Versace will create a multi-billion dollar luxury fashion group, ...
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