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Prada Group Officially Acquires Versace For $1.42 Billion

Prada Group Officially Acquires Versace For $1.42 Billion

As the global economy is going through changes, the fashion world has a fair share of these changes.  Just a month after news broke about Donatella Versace stepping down as creative director of the iconic fashion brand, Prada purchased it for a whopping $1.4 billion. The Prada Group, which includes Prada and its offshoot brand…

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