Capri Rallies on a Report That Talks With Prada Are Advancing
Brokerage morning meeting highlights: There is still significant room for improvement in China Consumer, with service consumption having more space than Commodity consumption.
At today's Brokerage morning meeting, Tianfeng stated that Hong Kong stocks still have appeal for mainland investors from a configuration perspective; China Securities Co.,Ltd. predicted that the growth momentum of construction machinery domestic sales is expected to continue in March; China International Capital Corporation believes that there is still significant room for improvement in Consumer spending, and the space for service consumption is greater than that for Commodity consumption.
Prada S.p.A. (PRDSY) Q4 2024 Earnings Conference Call Transcript Summary
Prada S.p.A. Reports FY Results
Major Italian brands are merging, PRADA is approaching a 1.5 billion euro acquisition of Versace.
It is said that Capri Holdings initially demanded 3 billion euros for Versace, and PRADA has been in intermittent negotiations with them regarding the acquisition of Versace for several months, with an agreement expected to be reached soon; the Trade may be completed in "a few weeks."
Deal Dispatch: Hooters Plans Restructuring, Prada In Talks To Acquire Versace