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."

wallstreetcnMar 2 20:37 ET

Deal Dispatch: Hooters Plans Restructuring, Prada In Talks To Acquire Versace

BenzingaFeb 21 17:27 ET

Are consumers of gold jewelry becoming desensitized to high gold prices?

① The impact of rising gold prices on consumers' purchase of Gold Trinkets seems to have changed. Recently, reporters inquired frontline personnel engaged in Gold Trinket wholesale and brand retail in Shanghai's Yuyuan about the situation, and the sales of Gold Trinkets have been booming; ② Some consumers believe that gold retains value better and is expected to increase in price in the future, providing an opportunity to offset the premium of Gold Jewelry; ③ The sales performance in gold stores may be able to break away from the trend observed since the first quarter of last year.

cls.cnFeb 11 00:59 ET

Luxury Twist: Walmart Adds Chanel, Gucci, and Prada to Its Marketplace Platform

Seeking AlphaJan 16 16:13 ET

Fashion Intrigue: Prada May Be on the Hunt for Capri's Versace Brand

Seeking AlphaJan 10 08:06 ET

Italy's Il Sole 24 Reported Earlier Prada Is A Potential Buyer For Capri's Versace

BenzingaJan 10 06:06 ET