Prada is considering buying Versace

January 10th. /MEDIA TALK/.The Italian fashion house Prada is exploring the possibility of acquiring the Versace brand. The newspaper Il Sole 24 Ore writes about this today. According to the publication, the company is currently negotiating such a prospect with experts from the American investment bank Citigroup. The American company Capri Holdings is the owner of the Versace fashion house. Last month, the media spread information about Capri's readiness to sell the Versace and Jimmy Choo brands. Il Sole 24 Ore reports that Prada is discussing the feasibility of this transaction with financial experts and lawyers. The financial side of the issue was not disclosed.


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Earlier, Bloomberg reported that Prada, a well-known fashion brand, was one of the rare exceptions that managed to overcome the crisis and maintain its position in the luxury goods market. In the third quarter of 2024, there was a significant increase in retail sales, by almost 20%, due to increased demand for Miu Miu brand products. The company was founded in 1913, 80% of the shares today belong to the Prada family.

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