Prada SpA is nearing final approval to acquire struggling luxury brand Versace for around €1.25 billion ($1.4 billion) from Capri Holdings Ltd. despite the tariff-induced …
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Prada to make a decision on Versace takeover deal this week, source says
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, …
Report: Prada to Decide on Versace Deal This Week
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the …
Goldman Sachs to Lead €2.5 Billion Financing for Prada-Versace Deal
A pool of banks led by Goldman Sachs is ready to give Prada a €2.5 billion ($2.77 billion) financing line to help the Italian fashion …
The Logic Behind Chanel’s Boat Race Deal
Even the president of Chanel’s watches and fine jewellery division hadn’t anticipated the move. “It was totally unexpected,” admitted Frédéric Grangié in an interview with …
Dsquared2 and OTB’s Staff International Spar Over Licensing Deal
Dsquared2 has terminated its licensing agreement with Staff International, the production and distribution arm of Diesel-owner OTB ahead of its expiration. Staff, which has licensed …
Moncler To Add Alexandre Arnault To Its Board After LVMH Deal
Moncler SpA is set to appoint a son of billionaire LVMH founder Bernard Arnault to its board after a deal with the French luxury group …
Trump Says He May Give China Reduction in Tariffs to Get TikTok Deal Done
US President Donald Trump said on Wednesday he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent …
US Vice President Vance Tells NBC News He Expects a ‘High Level’ TikTok Deal by April 5
US Vice President JD Vance expects the general terms of an agreement to resolve the ownership of social media platform TikTok in time for an …
PepsiCo Nearing $1.5 Billion-Plus Deal for Functional Beverage Brand Poppi
PepsiCo Inc. is in advanced talks to buy healthier soda brand Poppi, according to people with knowledge of the matter. The Purchase, New York-based beverage …
Trump Says Four Bidders in Play for TikTok Deal ‘Soon’
President Donald Trump said Sunday he was negotiating with four different possible buyers for TikTok’s US business and that a deal for the social video …
Walgreens Boots Alliance to Be Taken Private in $10 Billion Deal
Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the firms said on Thursday, closing out nearly a century of trading …
Prada Said to Move Closer to Versace Deal for Up to €1.5 Billion
Prada SpA is moving closer to a deal to buy Versace from Capri Holdings Ltd. after agreeing to a price of nearly €1.5 billion ($1.6 …
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando
In 1972, Diane von Furstenberg made history with her signature wrap dress—which became a symbol of empowered femininity for a generation of working women. “I …
L’Oréal Invests in Jacquemus, Inks Beauty Deal
Jacquemus is moving into beauty, with backing from one of the industry’s biggest players. French cosmetics giant L’Oréal has taken a minority stake in the …
Nordstrom Goes Private in $6.25 Billion Deal
The Nordstrom family has finally taken their namesake department store chain private after its board of directors unanimously approved the transaction, the company announced Monday …
L’Oréal Acquires South Korea’s Dr.G in Skincare Deal With Migros
French cosmetics giant L’Oréal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr.G., from Swiss retailer Migros. …
Kering Seen Closing Property Deal in Early 2025 to Cut Debt Load
Kering SA expects to soon secure outside investment for a new entity that would house its real estate assets — including about €4 billion ($4.2 …
LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal
LVMH is betting on a small but high-end French hotel group with properties in tourist hot spots like Tuscany and Minorca for its latest expansion …
Saks Owner Hudson’s Bay Is Selling Junk Bonds for Neiman Deal
Hudson’s Bay Co., the owner of luxury retailer Saks Fifth Avenue Inc., is tapping the junk-bond market to help finance its acquisition of Neiman Marcus …