Prada: Prada brings Versace home to create Italian luxury contender

read the original version on: www.retailnews.asia Prada's deal to buy Versace revives hopes for a 'made in Italy' luxury champion after many other family-founded brands ended up in French, Swiss or US hands, and comes as many Italian groups are outperforming the struggling sector. The US$1.375 billion deal brings one of fashion's best-known Italian labels back under Italian control after it [...] The post Prada brings Versace home to create Italian luxury contender appeared first on Retail News Asia.