Prada to make a decision on Versace takeover deal this week, source says

Prada to make a decision on Versace takeover deal this week, source says

Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase. A deal to buy Versace, owned by New York-based Capri Holdings, would unite two of the biggest names in Italian fashion. Italy’s Corriere … Read more