luxury fashion News

Kering's Stock Plummets 6% Amidst Disappointing First Quarter Earnings Report

Kering SA's shares dropped 6% after reporting lower-than-expected Q1 2025 sales, with revenue down 14% to €3.88 billion. Gucci's sales fell 25%, contributing to the group's overall...

Prada Secures a Landmark $1.4 Billion Acquisition of Versace, Reshaping Luxury Fashion Landscape

Prada's acquisition of Versace for $1.38 billion from Capri Holdings is set to redefine the luxury fashion industry, overcoming initial challenges and marking a strategic move for ...

Prada Secures a Landmark $1.38 Billion Acquisition of Versace, Setting a New Fashion Empire

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to reshape the luxury fashion landscape by 2025. Despite initial hurdles, the merger promise...

Prada Secures a Landmark $1.4 Billion Acquisition of Versace, Reshaping Luxury Fashion

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to finalize in 2025. Despite challenges, this merger promises to redefine luxury fashion and...

Prada Secures Future of Fashion with a Groundbreaking $1.4 Billion Acquisition of Versace

Prada announces a $1.38 billion deal to acquire Versace from Capri Holdings, set to finalize in 2025. The acquisition, confirmed despite earlier uncertainties, aims to strengthen P...