Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.
Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.
Prada opened its runway show during Milan Fashion Week with its take on the little black dress, because, in the words of Miuccia Prada "we are in a very black moment.''
The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.
Luxury fashion group Prada's leading shareholder Patrizio Bertelli said on Wednesday he was "very cautious" about the possibility of making acquisitions, although the group is ready to look at potential opportunities.
In a moment of fashion conservatism, Prada dares to be awkward at Milan Fashion Week.
Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.View on euronews
Prada reported higher revenue for last year after booming sales at its Miu Miu brand helped the Italian group escape a global decline in demand for luxury goods. For 2025, the company said it intends to deliver solid,
Prada opened its Milan runway show with little black dresses because, in the words of Miuccia Prada, 'it's a black moment.' Her co-creative director, Raf Simons, said the collection aims to liberate women from strictly feminine forms.
Italian luxury fashion house Prada reported a bumper set of results for 2024, defying analysts' expectations and the crisis in luxury markets. This comes on the heels of rumours that it is in talks to purchase Versace.
MILAN — Prada opened its runway show during Milan Fashion Week on Thursday with its take on the little black dress, reflecting what Miuccia Prada called “a very black moment” in world affairs.
Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach