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The luxury industry is poised for a deal wave

The Owner Press by The Owner Press
March 22, 2025
in Business News
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A procuring spree seems to be set to start on this planet of luxurious. Prada, one big-name Italian model, is alleged to be in talks to purchase one other, Versace. On March thirteenth Donatella Versace stepped down as chief designer of the agency based by her brother. Giorgio Armani, the 90-year-old founding father of his eponymous label, has stated he isn’t ruling out a merger as he plans for retirement. Final month the household that owns Ferragamo, another Italian model, needed to reassure employees that it’s not up on the market after its chief government abruptly left.



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