prada

Prada buys Versace

Prada has agreed to buy the Versace fashion brand for €1.25bn ($1.38bn) from the fashion conglomerate Capri Holdings. It comes after months of speculation about a potential deal to combine…

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Prada in talks to buy Versace

Italy's Prada is in talks to buy Versace from the US investor Capri Holdings for a price that could reach nearly 1.5 billion euros. An agreement between Milan-based Prada and…

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Dec

Italian luxury brand Prada looks to double China business in medium term

By Casey Hall SHANGHAI, (Reuters) - Prada is looking to double its business in key luxury market China, Chief Executive Gianfranco D'Attis said this week, even as the country faces…

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Italy’s luxury groups set aside rivalries to keep it local

By Elisa Anzolin 'Going it alone' out of fashion as challenges grow Protects 'Made in Italy' reputation, craftsmanship Italy does not have the big luxury giants of neighbour France MILAN,…

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Prada aims to hire over 400 workers in Italy by year-end

MILAN, March 30 (Reuters) - Prada 1913.F aims to hire more than 400 people in Italy by the end of the year to strengthen its production capacity and maintain growth, the Italian luxury group said on Thursday. The…

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Prada’s heir designate vows to keep group in family hands

Lorenzo Bertelli, the eldest son and heir designate to Prada's Chief Executive Patrizio Bertelli, vowed to keep the family-controlled luxury fashion group independent when he takes the reins in a…

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Prada to stop using fur from next year

Italian luxury fashion house Prada announced it will stop using animal fur in its products from next year. Prada said it is making the change to meet the demand…

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