Tag Archives: Italian

Prada to purchase Versace for 1.25 billion euros to create new Italian luxurious large

Prada to purchase Versace for 1.25 billion euros to create new Italian luxurious large

Prada stated Thursday that it had reached a deal to purchase Versace for 1.25 billion euros (USD 1.38 billion), constructing a brand new Italian style powerhouse and hoping to insert much-needed “spark” into its smaller, flashier rival. The a lot anticipated acquisition, from US group Capri Holdings, will create a gaggle with revenues of over […]