$1.4B Fashion Deal: Prada Acquires Versace Despite Trump Tariff Hurdles
April 10, 2025
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0:50Now Playing$1.4B Fashion Deal: Prada Acquires Versace Despite Trump Tariff Hurdles
YouTube Description
as posted by the channelLuxury fashion firm Prada Group reached an agreement with Capri Holdings to acquire designer brand Versace in a deal valued at $1.38 billion, Prada announced Thursday, after earlier reports indicated the two Italian fashion staples struggled to close the transaction as President Donald Trump’s tariffs roiled markets.
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