Prada has announced a landmark agreement to acquire rival Italian fashion house Versace from Capri Holdings

[Augusta]

Prada has announced a landmark agreement to acquire rival Italian fashion house Versace from Capri Holdings in a deal valued at $1.375 billion, including assumed debt.

The move, confirmed on Thursday, April 10, marks a major consolidation within Italy’s luxury fashion industry and positions Prada for greater influence in a market traditionally dominated by French conglomerates.

 

[Alberello75]

My dear, I read this news in yesterday's newspaper and I stayed very demoralized to see how we Italians are really losing everything!

 

[Augusta]

My dear, I read this news in yesterday's newspaper and I stayed very demoralized to see how we Italians are really losing everything!

Sorry about that. but that's how business terrain works. Your competitors are always there to take over your business if you are not careful

 

[Alberello75]

Sorry about that. but that's how business terrain works. Your competitors are always there to take over your business if you are not careful

In fact, we Italians have invented and created many things. But unfortunately, due to purely economic and taxation-related problems, we had to sell everything abroad.

 

[Augusta]

In fact, we Italians have invented and created many things. But unfortunately, due to purely economic and taxation-related problems, we had to sell everything abroad.

Yeah you are right. I know we have a lot of Italian products here in our country and they are always of standard quality and our people love to buy them.too.

 

[magnus2022]

My dear, I read this news in yesterday's newspaper and I stayed very demoralized to see how we Italians are really losing everything!

You are the one that is losing not the sellers who made billions of dollars to invest in other businesses. There is nothing that can't be sold!

 

[eLdavis]

You are the one that is losing not the sellers who made billions of dollars to invest in other businesses. There is nothing that can't be sold!

Yes that's true, the seller has cashed out, but at the same time, it would still affect the country's economy as they would start importing everything they need.

 

[Augusta]

In fact, we Italians have invented and created many things. But unfortunately, due to purely economic and taxation-related problems, we had to sell everything abroad.

Yeah you are right. I know we have a lot of Italian products here in our country and they are always of standard quality and our people love to buy them.too.

 

[Alberello75]

Yeah you are right. I know we have a lot of Italian products here in our country and they are always of standard quality and our people love to buy them.too.

You see, I especially in this period do not boast at all of being an Italian citizen but, it is a fact that many products made in Italy, have always been considered among the best in the world such as Italian olive oil.

 

[Augusta]

Yes right the products from Italy are always good. I love your products they are of always of standard quality just the way they should be