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Prada says no immediate acquisitions after buying Versace for €1.3B, focusing on integration until 2028.
Prada CEO Andrea Guerra said the luxury group has no immediate plans for new acquisitions after its €1.3 billion purchase of Versace, expected to close December 2, 2025.
He emphasized a three-year focus on integrating Versace into Prada’s portfolio, citing the brand’s influence on modern fashion.
The move follows a strategic shift to strengthen existing brands rather than expand through further deals.
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Prada dice que no habrá adquisiciones inmediatas después de comprar Versace por 1.300 millones de euros, centrándose en la integración hasta 2028.