Prada To Introduce $930 Sandals After Kolhapuri Chappal Row
The company will sell each pair at around USD 930 and it plans to make 2,000 pairs of sandals in Maharashtra and Karnataka regions as part of the deal
The company will sell each pair at around USD 930 and it plans to make 2,000 pairs of sandals in Maharashtra and Karnataka regions as part of the deal
In a one-line statement, Prada has notified the successful completion of the acquisition of Versace from Capri Holdings after having received all required regulatory clearances
The reports noted that the meeting is likely to happen on 11 July and is likely to be attended by the senior officials from Prada
The decision to part ways is based on a mutual agreement, the report notes
Prada will confer to Rino Mastrotto two tanneries- Italy’s Conceria Superior and France’s Tannerie Limoges, as per the reports
Italian fashion house signs definitive agreement with Capri Holdings, marking a major consolidation in the global luxury sector Italian luxury conglomerate Prada S.p.A. has signed a definitive agreement to acquire 100 per cent ownership of iconic fashion brand Versace from Capri Holdings. The all-cash deal is valued at an enterprise value of USD 1.373 […]
In November, a bigger-than-expected drop in quarterly revenue was posted by Capri which was hurt by execution missteps, as per reports