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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Fremantle Dockers Caleb Serong takes Mark of the Year contender with horizontal grab against Gold Coast
Caleb Serong's Spectacular MarkIn a thrilling match against Gold Coast, Fremantle's Caleb Serong executed a remarkable flying mark, showcasing his athleticism by going completely horizontal in the air. Despite this stunning play, he missed his subsequent set shot, but the Dockers maintained a 20-point lead at the first break. This impressive grab was made even more noteworthy due to the challenging conditions of heavy rainfall affecting the game. Full Article
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