Inside Prada’s Bold Bid for Italian Supremacy
Prada tightens its grip on the Italian fashion landscape with a bold EUR 1.25 billion acquisition of Versace, signalling a strategic consolidation of power within the region’s luxury sector.
What To Know About Prada’s “Looming” High-Stakes Acquisition of Versace
With the Prada Group seemingly set to acquire Versace, LUXUO explores what this bold move means for luxury fashion and why it is happening now amid economic uncertainty.
Impact of Tapestry and Capri Monopoly on Mid-Luxury Consumers
The pending merger of Tapestry and Capri Holdings and the ongoing legal issues to consolidate mid-market leather prices could result in an unfair monopoly that limits consumer choice.
Luxury American Company Tapestry to Acquire Capri Holdings in a Bid to Rival European Luxury Conglomerates
The US 8.5 Billion dollar deal is a strategic move by Tapestry to create a “new powerful global luxury house”.
Michael Kors Welcomes Joshua Schulman as its New CEO
Joshua Schulman brings with him experience from Coach, Gucci, Bergdorf Goodman and Jimmy Choo.
Luxury Sector Impacted by Coronavirus
When Hong Kong protests impacted luxury brand revenues, China was there to cushion the losses. Now that China has been quarantined, just how will the luxury industry be impacted?