The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
By Yawen Chen
LONDON, Jan 10 (Reuters Breakingviews) - Michael Kors owner Capri has put the storied brand on the block. A potential $3 bln valuation wouldn’t be a financial stretch for the likes of Prada. Even so, Versace would represent a different strategic direction to the one the healthier luxury players have embarked on.
Full view will be published shortly.
Follow @ywchen1 on X
CONTEXT NEWS
Italy’s Prada is among potential suitors examining the acquisition of fashion group Versace from Capri Holdings, Italian newspaper Il Sole 24 Ore reported on Jan. 10.
In November 2024, Coach owner Tapestry abandoned an $8.5 billion deal to buy Michael Kors owner Capri.
Prada is examining a deal with its adviser Citi, the report said. Citi has worked with Prada in the past over a dual-listing project which was put on hold.
(Editing by Aimee Donnellan and Oliver Taslic)
((For previous columns by the author, Reuters customers can click on CHEN/yawen.chen@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。