Prada's CEO flies to New York as speculation swirls over Versace bid
Luxury fashion group Prada's CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group ...
The Associated Press on MSN12d
Prada posts double-digit growth in 2024 in a down market as it eyes Versace acquisition
The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of ...
M&A News: $1.6B Price Tag as Prada Begins Talks for Capri Holdings Versace Fashion Brand
Shares in fashion group Capri Holdings (CPRI) looked 2% more stylish today as talks reportedly opened between it and Prada over an acquisition ...
'When things come around, you'll look', Prada says after talk of Versace tie-up
Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions ...
Ousted Donatella Versace a ‘scapegoat’ as owner allegedly wants to sell brand to Prada — and can’t use family name: sources
She wanted to protect her family and her legacy. They didn’t give a s–t,” a source said of Donatella Versace and parent ...
Capri jumps on report Prada is nearing $1.6 billion deal for Versace
A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies ...
Reuters12d
Versace would widen Prada's reach but fixes could hit short-term profits
Prada seeks to expand despite luxury demand slowdown Versace could take years to restructure, affect short-term Prada profits Prada has skills to address Versace's shortcomings MILAN, March ...
Prada wears Versace: Rumblings in the sliding luxury industry
The global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace has been facing financial challenges, and this acquisition ...