Prada Buys Versace in $1.38bn Deal as Fashion Shakeup Deepens
The acquisition of Versace by Prada for $1.38 billion is one of the biggest deals in the fashion industry this year, indicating a significant shift in the luxury industry. This takeover allows the merging of two of Italy’s most iconic fashion brands, ending Capri Holdings’ ownership of the company for the past seven years. It’s […]
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