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