Prada’s deal: Versace acquisition creates Fashion Force
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.The much anticipated acquisition, from US group Capri Holdings, will create a group with revenues of…
Prada’s deal: Versace acquisition creates Fashion Force
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.The much anticipated acquisition, from US group Capri Holdings, will create a group with revenues of…
Prada’s deal: Versace acquisition creates Fashion Force
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.The much anticipated acquisition, from US group Capri Holdings, will create a group with revenues of…
Prada among suitors for Versace, newspaper reports
Italy's Prada is among the potential suitors looking at fashion group Versace, which Capri Holdings has put up for sale, the daily Il Sole 24 Ore reported on Friday.In November, Coach-owner Tapestry abandoned an $8.5 billion deal to buy Michael Kors-owner Capri.After that deal to create a U.S. luxury conglomerate…
