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Capri, which also owns Jimmy Choo and Michael Kors, had to accept a reduced price from Prada amid the market turmoil caused by US President Donald Trump's tariffs. The Financial Times had reported ...
Andrea Guerra, Prada Group’s chief executive, in a news release, said that the acquisition would add, “a new dimension, different and complementary,” to the Group. “Versace has huge ...
The price Prada has agreed to pay for Versace is a big discount to the roughly USD 2.15 billion including debt that Capri paid for Versace in 2018. Listen to Story Deal unites major Italian fashion ...
So it’s amusing that one of her antitrust misadventures is benefiting the paupers at Prada.
Prada refuses to see women as "just beautiful figures": "I don't tend to make super sexy clothes. I try to be creative in a way that can be worn, that can be useful." A men's collection was rolled ...
ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable ...
Capri, which also owns Jimmy Choo and Michael Kors, had to accept a reduced price from Prada amid the market turmoil caused by US President Donald Trump's tariffs. The Financial Times had reported ...
Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss. The merger strengthens Italy’s hand in a luxury industry led by French conglomerates.
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