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The Latest Breaking News from Andrea Guerra

Prada Snaps Up Rival Versace in $1.4B Deal - CEO Andrea Guerra Rules Out More M&A

Prada completes its acquisition of Versace, with Lorenzo Bertelli as Executive Chairman and Andrea Guerra as CEO.

International Business Times UK · Dec 2, 2025

Prada acquires rival Versace for $1.4bn despite tariff uncertainty

The multibillion-dollar deal strengthens Italy’s position in luxury fashion industry.

Al Jazeera · Apr 10, 2025

Prada made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together

“Versace has huge potential,” said Andrea Guerra, CEO of Prada, upon the deal’s closing.

Fortune · Apr 10, 2025

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Prada heiress who took the fashion label to new highs with Miu Miu, is eyeing Versace—but she won’t be the only one

“Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

Fortune · Feb 28, 2025

Prada defied the China-led luxury slowdown—its CEO is bullish Chinese shoppers will return

Prada Group's revenue has been soaring, thanks to the raging popularity of Miu Miu, the sister label where Miuccia Prada is the creative director.

Fortune · Jan 16, 2025

Prada charts line of business succession, tapping new CEO

The Prada fashion house has begun charting a line of succession on its business side by tapping a former LVMH executive as its next CEO

The Independent UK · Dec 6, 2022

Prada to Hire Former Luxottica CEO Guerra to Ease Succession

Italian luxury goods group Prada is set to hire former Luxottica Chief Executive Andrea Guerra in a senior management role to ease a transition at the helm to the next generation of the founding family, a source with knowledge of the matter said. Current Prada CEO Patrizio Bertelli, 76, has…

Asharq Al-Awsat · Nov 29, 2022

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Del Vecchio rose from poverty to billions by adding style to spectacles

Businessman Leonardo del Vecchio, who has died aged 87, created the glasses company that owns brands including Ray-Ban and used his billions to become one of the most influential figures in Italian finance.

Reuters · Jun 27, 2022

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