Prada heir says may consider more acquisitions after Versace, does not rule out Armani interest
Core Insights - Prada's scion Lorenzo Bertelli indicated that the Italian luxury group is open to further acquisitions following its recent purchase of Versace, suggesting a strategic expansion in the luxury market [1] - The company did not dismiss the possibility of acquiring Giorgio Armani, highlighting its interest in strengthening its portfolio of luxury brands [1] Company Strategy - The completion of the Versace acquisition marks a significant step for Prada, positioning it for potential future growth through additional acquisitions [1] - The interest in Giorgio Armani reflects Prada's ambition to enhance its market presence and diversify its brand offerings within the luxury sector [1]