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Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion).
Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
Nigerian Tribune on MSN1d
Prada agrees to buy Versace
Founded in 1913 as a leather goods store, Prada has grown under Miuccia and Bertelli, also owning Miu Miu and Church’s ...
The merger strengthens Italy’s hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner ...
Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will ...
The price Prada has agreed to pay for Versace, which includes debt, is a big discount to the $2.15 billion debt that Capri, ...
As tariffs on the European Union take effect, luxury goods makers are “biting their nails” over their treasured “Made in ...
Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of ...
The merger creates a €6 billion fashion powerhouse as Prada eyes the revival of the iconic Italian brand amid global luxury slowdown.
What: Capsule collection Where: Online at balenciaga.com ...
FASHION MAIL: Fendi is marking its 100-year milestone with its own stamp. The Italian Ministry of Enterprises and Made in ...