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VERSACE ACQUISITION
The biggest luxury deals in recent yearsLuxury giant Kering is selling its fragrance brand Creed to L'Oreal for 4 billion euros, marking a strategic shift. This follows Kering's 2...20 Oct, 2025, 12.59 PM IST- 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
- Jaipur Rugs acquires luxury rug brand Shyam AhujaJaipur Rugs has acquired luxury rug brand Shyam Ahuja, committing to maintain its legacy while developing it independently.25 Jan, 2025, 10.49 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
- Who is Hussain Sajwani, the developer behind Trump's $20 billion data center pledge?Hussain Sajwani, CEO of DAMAC Properties, confirmed a significant $20 billion investment in the U.S. during a recent Mar-a-Lago event with ...09 Jan, 2025, 09.02 AM IST
- Capri tumbles 46% after US court blocks $8.5 bln merger with TapestryCapri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry, hurting th...25 Oct, 2024, 08.22 PM IST
- Reliance readies Nykaa rival using two of its startup acquisitionsReliance Industries’ omnichannel beauty platform, which will rival Nykaa, is being jointly developed by two of its recent acquisitions—reta...25 Jan, 2022, 12.12 PM IST
- Suits & Sayings: Nykaa's Palace party with Katrina Kaif, Big B's grand-daughter soon to lead family biz, Diwali bash leaves bosses down with CovidAfter a dream midweek listing, celebrations shifted to Falaknuma Palace this weekend for some down time.15 Nov, 2021, 09.54 AM IST
- Paris billionaire rivalry fuels pursuit of Tiffany, MonclerThe rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending. Since 2001, when Ker...07 Dec, 2019, 12.46 PM IST
- A guided tour of Micromax co-founder Rahul Sharma’s uber luxurious worldLive the fabulous life of a top tax payer, enjoy fast cars, fancy gadgets and famous friends.28 Apr, 2014, 01.25 PM IST
- Birla plans big expansion of lifestyle retail chainIn his most ambitious retail foray move, Kumar Mangalam Birla is scripting India's high-street luxury retail play similar to Barneys or Har...20 Aug, 2008, 01.52 AM IST
- Timex strapping on new looks to trawl new marketsBob Eckert, the big fish at Mattel Inc, has named the $45 Timex Ironman Triathlon 30-Lap Watch as his favorite gadget.30 Nov, 2007, 03.30 PM IST
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