Top 10 Shows of Autumn/Winter 2018 As the fashion month comes to a close, it’s time to reflect on the standout moments that graced the runways of Autumn/Winter 2018. The season was filled with creativity, innovation, and a touch of nostalgia, but some shows truly stole the spotlight. BoF has curated a list of the […]
Prada Gets EU Approval for Versace Acquisition
Prada Gets EU Approval for Versace Acquisition Italian luxury fashion giant Prada has recently received the green light from the European Commission for its acquisition of iconic fashion house Versace. This milestone approval comes as a significant step forward for Prada, solidifying its position in the competitive high-end fashion market. The European Commission’s verdict stated […]
Versace’s New Designer Knows Good Sex
Versace’s New Designer Knows Good Sex The fashion world is abuzz with excitement as Dario Vitale, the new designer at Versace, brings a refreshing take on sensuality to the iconic Italian brand. Vitale’s unique vision has resurfaced long-lost depth and eroticism, triumphing over expectations for a muted show in the lead-up to a planned takeover […]
This Week: Gucci and Versace Soft Launch in Milan
This Week: Gucci and Versace Soft Launch in Milan Italian fashion is once again in the spotlight as two of the country’s most iconic brands, Gucci and Versace, prepare for a soft launch in Milan. The fashion world is abuzz with anticipation as these luxury labels gear up to unveil their latest creations to the […]
Prada Group Sales Rise 13% Ahead of Versace Acquisition
Prada Group Sales Surge by 13% Setting the Stage for Versace Acquisition In the dynamic world of fashion and luxury, the competition is fierce, and staying ahead of the game is crucial. The Prada Group seems to have mastered this art with finesse, as evidenced by its recent stellar performance. The Milanese fashion powerhouse has […]
Capri’s Versace Blunders Opened Door to Prada Takeover
Capri’s Versace Blunders Opened Door to Prada Takeover In a surprising turn of events, the US group Capri faced a major setback with its acquisition of Versace, leading to a staggering loss of approximately $700 million. The downfall of Versace under Capri’s ownership can be attributed to a strategic shift towards more subdued designs and […]
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings, the parent company of renowned fashion brands such as Michael Kors and Versace, is set to make a strategic shift in its business approach. Following the sale of Versace to Prada, Capri Holdings is now focusing on revitalizing Michael Kors by targeting mid-tier pricing and embracing e-commerce through a partnership with Amazon. This […]
Prada Group to Acquire Versace for €1.25 Billion
Prada Group’s Strategic Move: Acquiring Versace for €1.25 Billion In the fast-paced world of high fashion, strategic acquisitions often make headlines, and the recent announcement of Prada Group acquiring Versace for €1.25 billion is no exception. This bold move by Prada signals a significant shift in the fashion landscape, with the renowned Italian fashion house […]
Prada Nears Approval of Versace Deal Despite Tariffs
Prada Nears Approval of Versace Deal Despite Tariffs The luxury fashion industry is abuzz with anticipation as Prada SpA edges closer to securing the acquisition of Versace from Capri Holdings Ltd. in a deal worth €1.25 billion ($1.4 billion). Despite the looming threat of tariffs and economic uncertainties, Prada is forging ahead, showcasing resilience and […]
Report: Prada to Decide on Versace Deal This Week
Report: Prada to Decide on Versace Deal This Week Luxury fashion giants Prada and Versace are making headlines this week as reports suggest a potential takeover deal in the works. Speculations are rife that Prada is gearing up to acquire Versace in a deal that could be announced as early as Thursday. The deal, which […]