Prada gets EU approval for Versace acquisition
PositiveFinancial Markets

Prada has received approval from the European Union for its acquisition of Versace, marking a significant step in the luxury fashion industry. This move not only strengthens Prada's portfolio but also highlights the ongoing consolidation trend among high-end brands. The acquisition is expected to enhance Prada's market presence and offer new opportunities for growth, making it a noteworthy development for fashion enthusiasts and investors alike.
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