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Prada posts double-digit growth in 2024 in a down market

Prada posts double-digit growth in 2024 in a down market as it eyes Versace acquisition

The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition. The group, which owns the Prada and Miu Miu fashion brands along with Church’s footwear,

WWD on MSN · 2h

Prada Group Sees Robust Growth in 2024, Management Mum on Potential Versace Acquisition

As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

devdiscourse · 3h

Prada Group's Stellar Growth and Potential Versace Acquisition

The Prada Group has reported strong financial growth, thriving with a 17% revenue boost despite a general downturn in the luxury sector. Highlights include retail sales growth and positive performance of Prada and Miu Miu brands.

Prada, Versace

Reuters on MSN · 2h

'When things come around, you'll look', Prada says after talk of Versace tie-up

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.

Robb Report · 22h

Prada Is Reportedly Close to Buying Versace for $1.6 Billion

Prada is reportedly nearing a $1.6 billion deal to acquire Versace from Capri Holdings Ltd. aiming to compete with luxury giants LVMH and Kering.

ジャパンタイムズ · 16h

Versace owner Capri jumps on Prada moving closer to purchase

A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.

Prada profit surges 21% as speculation swirls over Versace bid

Italian luxury group Prada on Tuesday reported 21% growth in operating profit last year, in line with analysts' forecasts, ...

1don MSN

Capri may sell struggling Versace to Prada. That’s boosting Capri’s stock.

Capri Holdings Ltd.’s stock soared 8.9% early Monday, after a report that the company is close to selling its Versace brand ...

4don MSN

Prada heiress who took the fashion label to new highs with Miu Miu, is eyeing Versace—but she won’t be the only one

Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

15hon MSN

Analysis-Versace would widen Prada's reach but fixes could hit short-term profits

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to ...

devdiscourse3d

Versace's New Collection and Potential Sale Stir Fashion World

Versace's latest fashion show at Milan Fashion Week unveiled a mix of prints, tailoring, and punk elements, while rumors swirl about a potential sale of the brand. Donatella Versace emphasized ...

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