Prada Eyeing Phasing Out Lower-tier Product Lines At Versace
Gradual channel repositioning will be a key strategic priority, with specific focus on supporting high-quality, full-price sales and distribution
Gradual channel repositioning will be a key strategic priority, with specific focus on supporting high-quality, full-price sales and distribution
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
Timex India reports record Q2 with 40% revenue growth and a 70% profit surge, driven by strong premium brands and rising e-commerce sales.
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