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The Latest Breaking News from Lorenzo Bertelli

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

Prada completes takeover of fashion rival for £1.10 billion

Prada has underscored that Versace offers ‘significant untapped growth potential’

The Independent UK

Prada heir Lorenzo Bertelli will have strategic role at Versace as executive chairman

Prada heir Lorenzo Bertelli is set to play a major strategic role as executive chairman of Versace following the Prada Group's 1.25 billion-euro deal to acquire its rival

The Independent UK

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Prada accused of cashing in on Indian culture with Kolhapuri-inspired sandals

Fashion house acknowledges work of traditional artisans after accusations of cultural appropriation

The Guardian - UK

Prada acquires rival Versace for $1.4bn despite tariff uncertainty

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

Al Jazeera

Rally1 field expands for WRC Rally Sweden

The World Rally Championship will expand to 12 Rally1 cars for the second round of the season in Sweden next month.

Motorsport

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

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FIA explains decision to allow non-hybrid Rally1 cars in WRC

The World Motor Sport Council agreed to a WRC Commission proposal for Rally1 cars to compete on WRC events without running the standard plug-in hybrid system.Instead, they will have to carry the equivalent weight of the full EV system in ballast and won’t be eligible for manufacturers’ championship points. Running…

Autosport

WRC Rally Sweden: Everything you need to know

The World Rally Championship heads to the snow covered roads of Sweden for the second round of the season this weekend. Here's everything you need to know.

Autosport

Bertelli to rent WRC Toyota for Rally Sweden

Lorenzo Bertelli has announced plans to rent Toyota’s fourth GR Yaris to contest next month’s World Rally Championship round in Sweden.

Autosport

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

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