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Sources: Prada wants to buy Versace
The Italian luxury company Prada may be on its way to acquire the competitor Versace, according to sources to the news agency Bloomberg. The company, which was once founded by Gianni Versace but is now owned by British Capri Holdings, made an operating loss of 21 million dollars in the last quarter and has been on its way to being sold to the American holding company Tapestry, owner of American brands such as Kate Spade and Coach.
Prada can buy Versace
The fashion house Prada is considering buying up its competitor Versace, reports the newspaper Il Sole 24. .
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