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 […]
THE WHAT? Versace proprietor, Capri Holdings has introduced that Versace’s Chief Inventive Officer, Donatella Versace, will transition to the position of Chief Model Ambassador from April, 2025. On this new position, Versace will dedicate herself to the assist of the luxurious Italian label’s philanthropic and charitable initiatives and stay an advocate for the model globally. […]