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PRADA VERSACE ACQUISITION
Prada's $1.38 billion Versace deal: A bold statement amid rising tariff wars and global market shiftsPrada's acquisition of Versace for $1.38 billion signals consolidation within Italy's fashion sector amidst heightened competition and new ...11 Apr, 2025, 11.22 PM IST- Prada buys rival Versace for $1.38 billion to create Italian fashion powerhousePrada has agreed to acquire Versace from U.S.-based Capri Holdings for €1.25 billion ($1.39 billion). The deal will create a luxury group w...10 Apr, 2025, 06.34 PM IST
- Goldman Sachs to lead €2.5 billion financing for Prada-Versace deal: ReportGoldman Sachs, leading a consortium of banks, is set to provide a 2.5-billion-euro financing line to Prada for its acquisition of Capri Hol...04 Apr, 2025, 01.07 PM IST
- Prada wears Versace: Rumblings in the sliding luxury industryThe global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace ...15 Mar, 2025, 08.45 PM IST
- Prada shines despite luxury crisis, Versace rumours swirlPrada's net profit surged 25% to 839 million euros in 2024, surpassing analyst expectations. Amid a luxury market slowdown, Prada's strong ...04 Mar, 2025, 08.22 PM IST
- Versace would widen Prada's reach but fixes could hit short-term profitsAn acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructu...04 Mar, 2025, 10.50 AM IST
- Italy's Prada considering buying Versace from Capri Holdings, daily reportsPrada is eyeing a potential acquisition of Versace from Capri Holdings, with Citi as its adviser. Capri has enlisted Barclays to find poten...10 Jan, 2025, 12.38 PM IST
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