Prada Group buys Versace fashion house from its US owner in €1.25bn deal 😊
Prada Group buys Versace fashion house from its US owner in €1.25bn deal 😊
Cikk tartalma röviden
Versace has been owned by Capri Holding since 2018, which paid $2 billion for the brand. The company is working to reposition Versace amidst the trend of 'quiet luxury'. The transaction is expected to close in 2025, pending regulatory approvals. John D. Idol, CEO of Capri, highlighted the brand's heritage and craftsmanship, expressing confidence in its future growth under Prada Group.
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