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Prada is nearing a €1.5 billion acquisition of Versace, aiming to enhance its market position against larger French luxury groups. While the merger could broaden Prada's customer base and stabilize its business cycle, analysts warn that revitalizing Versace may take years and impact short-term profits due to its current operational challenges.
Patrizio Bertelli
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prada's acquisition of versace could reshape luxury market dynamics
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Capri Holdings Ltd.
ITA
Melania Grippo
Andrea Guerra
Miuccia Prada
Patrizio Bertelli
Mario Ortelli
Donatella Versace
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06:56 04.03.2025
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