Prada Heir Bertelli to Lead Versace Revamp as Executive Chairman

Prada SpA is preparing to revamp Versace by putting Lorenzo Bertelli, the designated heir of the Italian billionaire family, at the helm of the fashion house it agreed to buy...

By Flavia Rotondi, Tommaso Ebhardt, Chiara Albanese · Bloomberg Markets

Prada SpA is preparing to revamp Versace by putting Lorenzo Bertelli, the designated heir of the Italian billionaire family, at the helm of the fashion house it agreed to buy earlier this year.