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报道:普拉达正在考虑收购范思哲

Report: PRADA is considering acquiring Versace.

wallstreetcn ·  Jan 9 23:33

Besides PRADA, there may be other potential buyers interested in Versace, such as other fashion groups and private equity funds. However, Analysts point out that in the overall sluggish Luxury Goods Industry, valuation issues may become a key obstacle to the Trade.

On January 10th, according to the Italian newspaper "24 Ore", PRADA may be interested in acquiring Versace and is assessing the feasibility of this move, already collaborating with professional advisors such as Citibank to study this potential Trade. Besides PRADA, other potential buyers such as other fashion groups and private equity Funds may also be interested in Versace.

The report also mentions that since mid-December, there have been rumors in the market that Versace's parent company Capri Holdings intends to sell the brand, and may even sell it together with Jimmy Choo. Currently, Capri Holdings has commissioned Barclays to find potential buyers.

Previously, in August 2023, Capri Holdings agreed to sell Versace to its competitor Tapestry for 8.5 billion USD, but a federal judge in the USA ruled that this Trade violated competition regulations, leading to the termination of the Trade in November 2023.

Last November, Capri Holdings reported a significant decline in quarterly revenue, exceeding market expectations. Analysts believe that the decline in performance is primarily influenced by management errors in branding and a slowdown in Global Luxury Goods demand.

Regarding this potential acquisition, Analysts pointed out that in the overall sluggish Luxury Goods Industry, valuation issues may become a key obstacle to the Trade.

It is worth mentioning that in May last year, PRADA Group's CEO Andrea Guerra denied any large-scale acquisition plans during an interview, stating that PRADA has no intention of acquiring competitors such as Armani or Versace.

As of the time of this report, Capri Holdings experienced a rapid drop after an increase in Pre-Market Trading on the US stock market.

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