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An update from Prada SpA ( (HK:1913) ) is now available.
Prada SpA has announced a significant acquisition of Versace HoldCo, valued at approximately US$1.375 billion, which will make Versace a subsidiary of Prada. This strategic move is expected to enhance Prada’s market positioning in the luxury fashion sector, potentially increasing its competitive edge and offering new growth opportunities.
More about Prada SpA
Prada SpA is a prominent player in the luxury fashion industry, known for its high-end fashion products including clothing, accessories, and leather goods. The company focuses on delivering premium fashion experiences and holds a significant market position globally.
YTD Price Performance: -30.42%
Average Trading Volume: 4,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: $15.03B
See more data about 1913 stock on TipRanks’ Stock Analysis page.