Prada says Armani not on its radar as it focuses on Versace turnaround
Italian luxury group Prada HKEX:1913 is focused on reviving the Versace business, which it acquired last year, and it is not considering a bid for rival Armani, Chief Executive Andrea Guerra told Reuters.The comments come as the Armani fashion house prepares for a sale of a 15% stake in the company…
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