Tag Archives: luxury fashion

Italian luxury brand Prada has confirmed the acquisition of Versace from U.S.-based Capri Holdings in a deal worth approximately $1.4 billion. The acquisition is set to be finalized in the second half of this year, marking a significant milestone in Prada's 112-year history.

Spanish fashion giant Zara has shut down its flagship store in Mumbai's Fort area after eight years, leaving social media users stunned by its exorbitant rent of ₹3 crore per month. The store, located in a 119-year-old building, was one of Zara’s most prominent locations in India.