Prada’s Versace Revamp to Prevent Further Buyouts in Near Future

Prada SpA will be occupied for the next three years revamping the Versace brand and doesn’t plan to make any further acquisitions in that time frame, Chief Executive Andrea Guerra...

By Flavia Rotondi · Bloomberg Markets

Prada SpA will be occupied for the next three years revamping the Versace brand and doesn’t plan to make any further acquisitions in that time frame, Chief Executive Andrea Guerra said.