Prada sales soar as it eyes Versace acquisition despite luxury crunch
Bernstein luxury analyst Luca Solca said Prada "may be getting Versace on the cheap,'' noting that Versace is a well-known name that complements Prada's existing brands. But he added there are obstacles to a successful acquisition. "Prada has a very bad M&A track record,'' he said.
Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions ...
Italian luxury fashion house Prada reported a bumper set of results for 2024, defying analysts' expectations and the crisis ...
(Reuters) - Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings ...
Prada is reportedly nearing a $1.6 billion deal to acquire Versace from Capri Holdings Ltd. aiming to compete with luxury ...
Capri Holdings Ltd.’s stock soared 8.9% early Monday, after a report that the company is close to selling its Versace brand ...
Numerous fashion companies are potentially interested in buying Versace, Miuccia Prada, owner of the Italian luxury group ...
Prada Group posted net revenues of €5.4 billion for the full year ended December 31, reflecting a 17 per cent year-on-year ...
Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.
Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace ...
"Relaunching a brand is difficult, in the early 2000s we bought Jil Sander and Helmut Lang and we made strategic mistakes," ...
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