Thursday, July 31, 2025
NewsWave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
NewsWave
No Result
View All Result
Home World Australia

Prada to buy rival Versace in $2.3 billion deal

10 April 2025
in Australia
0
Prada to buy rival Versace in .3 billion deal
Share on FacebookShare on Twitter
How does this make you feel?



In a deal valued at 1.25 billion euros, Prada Group has agreed to purchase Italy’s Versace from Capri Holdings, adding the iconic fashion house to its portfolio alongside Prada and Miu Miu. The acquisition is expected to bring significant growth opportunities for Versace, with the deal set to close in the second half of the year and funded by 1.5 billion euros in new debt. Versace will maintain its creative identity while benefiting from Prada’s operational expertise and industrial capabilities, following a recent restructuring that saw Dario Vitale appointed as creative director.

Full Article

🪄 Creating a simple explanation...

Tags: BillionBusinessbuydealPradarivalVersace
Previous Post

Darren Aronofsky Doesn’t Buy Into Method Acting: “It’s Just Something to Hide Behind”

Next Post

Amazon needs to stay 'the world's largest startup,' CEO says

Related Posts

Women’s sunrise ocean dip group Sea Gals among West Aussies taking on Daffodil Day Dip for cancer research
Australia

Women’s sunrise ocean dip group Sea Gals among West Aussies taking on Daffodil Day Dip for cancer research

by My News Wave
31 July 2025
0

The Sea Gals, a women's ocean dip group, will participate in WA's first Daffodil Day Dip on August 21, donning yellow swim caps to raise funds for Cancer Council, aiming to support melanoma research and improve cancer survival rates. With 14,000 West Australians diagnosed with cancer yearly, the event highlights the importance of sun safety and community support for a cancer-free future. Want More Context? 🔎

Read more
Longest-ever lightning bolt stretched 829km across US
Australia

Longest-ever lightning bolt stretched 829km across US

by My News Wave
31 July 2025
0

The World Meteorological Organization (WMO) has confirmed that the longest lightning bolt ever recorded measured 829 kilometers, occurring in October 2017 between eastern Texas and Kansas City. This "megaflash" lasted 7.8 seconds, surpassing the previous record of 768 kilometers set in April 2020, and was verified using advanced satellite technology. Want More Context? 🔎

Read more
Dozens of care home residents killed in China floods
Australia

Dozens of care home residents killed in China floods

by My News Wave
31 July 2025
0

Extreme rains and flooding in northern China have resulted in 60 fatalities, primarily at a nursing home in Beijing's Miyun district, where 31 elderly residents died. Over 300,000 people have been affected, with significant damage to infrastructure, as record water levels in the Miyun reservoir and the Qingshui River contributed to the disaster, highlighting flaws in emergency preparedness. Want More Context? 🔎

Read more
Serie A powerhouses AC Milan run rings around Perth Glory in 9-0 demolition
Australia

Serie A powerhouses AC Milan run rings around Perth Glory in 9-0 demolition

by My News Wave
31 July 2025
0

AC Milan concluded their Australian tour with a commanding 9-0 victory over Perth Glory at HBF Park, showcasing their dominance as they raced to a 5-0 halftime lead, highlighted by Noah Okafor's two goals. The match emphasized the stark difference in quality, with Milan's fluid play and physicality overwhelming the A-League's bottom team. Want More Context? 🔎

Read more
Mercedes Vega: Witness in armed robbery case found dead in burning car, bleach in her throat
Australia

Mercedes Vega: Witness in armed robbery case found dead in burning car, bleach in her throat

by My News Wave
31 July 2025
0

Cudjoe Young faces multiple charges, including first-degree murder and kidnapping, in connection with the brutal death of 22-year-old Mercedes Vega, who was set to testify against him in a previous robbery case. Vega was found dead in a burning vehicle, having suffered multiple injuries, and prosecutors allege Young orchestrated her murder to prevent her from testifying. Want More Context? 🔎

Read more
Carlton announce Charlie Curnow’s season ended by another knee operation
Australia

Carlton announce Charlie Curnow’s season ended by another knee operation

by My News Wave
31 July 2025
0

Carlton has announced that key forward Charlie Curnow will undergo knee surgery, ending his 2025 season after experiencing soreness following a recent match. Despite his desire to continue playing, the club decided that surgery would provide him the best chance for a full recovery before the pre-season, as he finishes the year with 32 goals in 18 games. Want More Context? 🔎

Read more
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Above-normal monsoon likely in Aug-Sept: IMD
  • Trade minister says Trump may impose 15% or even 20% tariff as deadline expires today
  • Justin Timberlake reveals Lyme disease diagnosis
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In