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Prada posts double-digit growth in 2024 in a down market

Prada posts double-digit growth in 2024 in a down market as it eyes Versace acquisition

The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition. The group, which owns the Prada and Miu Miu fashion brands along with Church’s footwear,

WWD on MSN · 2h

Prada Group Sees Robust Growth in 2024, Management Mum on Potential Versace Acquisition

As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

devdiscourse · 5h

Prada Eyes Expansion with Potential Versace and Jimmy Choo Acquisitions

Prada's CEO Andrea Guerra expressed interest in potential mergers and acquisitions, hinting at deals with Versace and Jimmy Choo. Prada's 2024 financial performance showed significant growth, with a 21% rise in operating profit and a 17% increase in net revenues,

Prada, Versace

Reuters · 9h

Prada profit surges 21% as speculation swirls over Versace bid

Italian luxury group Prada on Tuesday reported 21% growth in operating profit last year, in line with analysts' forecasts, amid speculation about a potential acquisition of smaller rival Versace.

RTE Online · 9h

Prada profit surges 21% amid speculation over Versace bid

Italian luxury group Prada has today reported 21% growth in operating profit last year, in line with analysts' forecasts, amid speculation about a potential acquisition of smaller rival Versace.

Inc. on MSN · 1d

Prada Moving in on $1.6 Billion Deal for Versace

Prada and Capri—also owner of brands including Jimmy Choo and Michael Kors—could finalise a deal for Versace in March, the report said, citing unnamed sources. Talks between t

Prada closing in on Versace takeover

Markets Insider on MSN · 1d

Capri jumps on report Prada is nearing $1.6 billion deal for Versace

A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies higher.

Robb Report · 22h

Prada Is Reportedly Close to Buying Versace for $1.6 Billion

Prada is reportedly nearing a $1.6 billion deal to acquire Versace from Capri Holdings Ltd. aiming to compete with luxury giants LVMH and Kering.

Seeking Alpha · 9h

Capri: Prada Doing A Heat Check With A Potential Versace Takeover

Prada nears a deal to acquire Versace for €1.5B, boosting stocks of both companies. Check out market reactions and potential impacts on Capri's assets.

devdiscourse3h

Prada Group's Stellar Growth and Potential Versace Acquisition

The Prada Group has reported strong financial growth, thriving with a 17% revenue boost despite a general downturn in the luxury sector. Highlights include retail sales growth and positive performance ...

4don MSN

Prada heiress who took the fashion label to new highs with Miu Miu, is eyeing Versace—but she won’t be the only one

Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

3hon MSN

'When things come around, you'll look', Prada says after talk of Versace tie-up

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions ...

‘Break the rules’: Designers take risks at Milan Fashion Week

From Prada to Versace, the Fall-Winter 2025 collections were a polarizing mix of creative consistency and rule-breaking ...

Prada Expected to Post Higher Revenue, Profit -- Earnings Preview

--SUCCESSION PLANS: Investors will also focus on the company's succession plans. Lorenzo Bertelli, the son of Muccia Prada and of Prada's Chairman Patrizio Bertelli, should become the group chief ...

15hon MSN

Analysis-Versace would widen Prada's reach but fixes could hit short-term profits

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to ...

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Prada posts double-digit growth in 2024 in a down market

Prada, Versace

Prada closing in on Versace takeover

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