Prada buys fashion rival Versace for £1.3billion
[AdomOnline - Ghana] - 3/12/2025
Prada said on Tuesday it had completed the acquisition of Versace, a brand the Italian luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from US-based Capri Holdings for about 1.3 billion euros ($1.51 billion), after Capri’s sale to Tapestry was (…)
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