Prada edges closer to €1.5bn Versace acquisition
Prada Group is in talks to buy Versace from New York-listed Capri, with a deal reportedly likely to be agreed by the end of ...
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Capri may sell struggling Versace to Prada. That's boosting Capri's stock.
Milan-based Prada was founded in 1913 by Mario Prada and is run today by his granddaughter, Miuccia Prada. The company has completed initial due diligence on Versace and has been granted access to ...
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Prada profit up 25% to 839 mn
Prada's profits rose 25% to 839 million euro last year, the fashion group said as it is reportedly poised to buy Versace.
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Prada in talks to buy Versace - media
Italy's Prada is in talks to buy Versace from the US investor Capri Holdings for a price that could reach nearly 1.5 billion ...
Versace would widen Prada's reach but fixes could hit short-term profits
An acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience.
Reuters8d
Versace would widen Prada's reach but fixes could hit short-term profits
However, acquiring such a famous brand as Versace would accelerate growth, said Mario Ortelli, managing partner at luxury advisory firm Ortelli & Co. Bloomberg News reported on Sunday that Prada ...
AOL8d
Analysis-Versace would widen Prada's reach but fixes could hit short-term profits
said Mario Ortelli, managing partner at luxury advisory firm Ortelli & Co. "Scale matters," he said, pointing out that Prada, with a market capitalisation of $22.5 billion, is a fraction of the ...