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Hidden Value Gems
More M&A in the Luxury goods sector?
Prada’s CEO, Andrea Guerra, said that while large-scale acquisitions aren’t on the horizon, “many things would happen” across the industry over the next couple of years.
“Other industry insiders in attendance said they expected consolidation in the space despite hurdles.”
“One potential target: Versace…
Whispers about the Italian label’s sale have circulated since last year, with insiders suggesting that Versace’s position was too far off from its parent’s other labels, like Michael Kors. But the rumoured €3.5bn price tag has been an obstacle to a potential sale.”
$CPRI
via @FT
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More M&A in the Luxury goods sector?
Prada’s CEO, Andrea Guerra, said that while large-scale acquisitions aren’t on the horizon, “many things would happen” across the industry over the next couple of years.
“Other industry insiders in attendance said they expected consolidation in the space despite hurdles.”
“One potential target: Versace…
Whispers about the Italian label’s sale have circulated since last year, with insiders suggesting that Versace’s position was too far off from its parent’s other labels, like Michael Kors. But the rumoured €3.5bn price tag has been an obstacle to a potential sale.”
$CPRI
via @FT
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The Long Investor
RT @SkyNews: BREAKING: Ireland, Norway and Spain recognise Palestine as independent state
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https://t.co/mU9TRjxYCZ
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RT @SkyNews: BREAKING: Ireland, Norway and Spain recognise Palestine as independent state
Read more🔗
https://t.co/mU9TRjxYCZ
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