Prada may acquire Versace, transforming luxury fashion

Prada's CEO Andrea Guerra and CMO Lorenzo Bertelli visited New York to discuss acquiring Versace from Capri Holdings. This follows Donatella Versace's announcement of her departure as chief designer, with Dario Vitale set to take over. The leadership change at Versace may facilitate Prada's acquisition, which is reportedly valued at around 1.5 billion euros. Analysts suggest this shift could create favorable conditions for a deal, although both companies have not confirmed negotiations. Prada is also interested in acquiring Jimmy Choo, another brand under Capri Holdings. If successful, these acquisitions would significantly enhance Prada's position in the luxury fashion market.