What To Know About Prada’s “Looming” High-Stakes Acquisition of Versace
The luxury fashion industry may soon witness a monumental shift as the Prada Group positions itself to acquire Versace. As reported by Reuters, Capri Holdings — the parent company of Versace, Michael Kors, and Jimmy Choo — is considering the sale of its brands. Among the interested parties, the Prada Group — with Citi as…