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Miuccia Prada's path from activist to top designer
Miuccia Prada's path from activist to top designer
Business and Economy
by  AFP

As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women's rights wearing an Yves Saint Laurent suit. Ironically, her first women's ready-to-wear show in Milan in 1988, all in black and white, was not well received, with critics considering it too austere.

Italy's Prada agrees to buy rival Versace for 1.25 bn euros
Italy's Prada agrees to buy rival Versace for 1.25 bn euros
Business and Economy
by  AFP

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion). In 2018, Capri paid 1.83 billion euros (then $2.1 billion) to acquire Versace, which was previously owned 80 percent by the Versace family and 20 percent by the US investment fund BlackRock.