Donatella Versace ousted as creative director amid alleged plans to sell brand to Prada
Donatella’s leadership has been instrumental in maintaining Versace’s reputation for bold, glamorous designs. However, Capri’s focus on profitability has led to a shift in direction, including a push for more accessible products and higher price points. The brand's revenues have reportedly declined, prompting discussions of a sale.
Luxury fashion group Prada's CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group ...
A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies ...
Luxury fashion group Prada’s CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group is in talks to buy Capri Holdings-owned Versace in a deal that would ...
Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions ...
Shares in fashion group Capri Holdings (CPRI) looked 2% more stylish today as talks reportedly opened between it and Prada over an acquisition ...
As former Miu Miu design director Dario Vitale takes over, Donatella will now become an ambassador for the Versace brand. The big question is what that means for both the company and Donatella herself ...
Prada thrives despite China’s slowdown, driven by Asia-Pacific growth and Miu Miu’s success. Read more on PRDSY stock here.
Donatella Versace is stepping aside as creative director after friction with the brand’s U.S. owner, who wanted her to tone ...
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