Prada Eyes Expansion with Potential Versace and Jimmy Choo Acquisitions
Prada's CEO Andrea Guerra expressed interest in potential mergers and acquisitions, hinting at deals with Versace and Jimmy Choo. Prada's 2024 financial performance showed significant growth, with a 21% rise in operating profit and a 17% increase in net revenues,
Italian luxury group Prada on Tuesday reported 21% growth in operating profit last year, in line with analysts' forecasts, ...
A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies ...
Prada nears a deal to acquire Versace for €1.5B, boosting stocks of both companies. Check out market reactions and potential ...
The Prada Group has reported strong financial growth, thriving with a 17% revenue boost despite a general downturn in the luxury sector. Highlights include retail sales growth and positive performance ...
A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.
An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to ...
From Prada to Versace, the Fall-Winter 2025 collections were a polarizing mix of creative consistency and rule-breaking ...
--SUCCESSION PLANS: Investors will also focus on the company's succession plans. Lorenzo Bertelli, the son of Muccia Prada and of Prada's Chairman Patrizio Bertelli, should become the group chief ...
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