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For decades, the fiercely independent Prada SpA Chairman Patrizio Bertelli talked about the need for Italian fashion houses ...
In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...
The Texas site has consistently ranked among the worst-performing for Louis Vuitton globally. Six years ago, LVMH’s ...
The plant’s problems highlight the challenges for LVMH as it attempts to build its production footprint in the U.S. to avoid ...
On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace for 1.25 billion euros ($1.38 ...
Prada is getting a discount but not a good deal. After weeks of talks with Michael Kors-owner Capri , the Hong Kong-listed ...
China did not get a tariff reprieve but stocks are still up on state support. Asian and European stocks surged and US futures ...
The price Prada has agreed to pay is a big discount to the roughly $2.15 billion including debt that US-based Capri, then ...
Many luxury brands have big profit margins and can absorb some of the costs, or press their suppliers to reduce theirs, but ...
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...
Prada has agreed to buy its smaller rival Versace in a billion dollar deal to unite two of the biggest designer fashion ...
Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of ...
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