Prada Group Discusses Versace Acquisition With Carpi Holdings

On Friday morning, the Italian newspaper Il Sole 24 Ore cited market speculation in a report detailing a potential acquisition of Versace by Prada Group.Following the blocked merger of Versace-owner Capri Holdings and Tapestry (owner of Coach and Kate Spade) by a US Federal court, Capri Holdings enlisted Barclays to explore alternative options, according to Il Sole. It was reported that Capri Holdings pitched a potential deal to Prada and its Citi partners regarding the sale of the brand.If the ...