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Prada acquires rival Versace in a €1.25 billion deal.

The acquisition will create a luxury group with revenues of over €6 billion that could better compete with industry giants such as the French conglomerates LVMH and Gucci owner Kering, amid a slowdown in the sector worldwide.

mediafaro.org/article/20250410

Le Monde · Prada acquires rival Versace in a €1.25 billion deal.By Le Monde

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap into fresh pockets of wealth and build loyalty with crypto investors. japantimes.co.jp/business/2024 #business #tech #luxurygoods #cryptocurrencies #bitcoin #lvmh #hublot #tagheuer #kering #gucci #balenciaga

The Japan Times · As bitcoin soars, luxury brands consider accepting crypto paymentsBy Mimosa Spencer

Les petits arrangements entre amis du bras droit de Pinault chez Kering

Le géant du luxe #Kering a rémunéré à plusieurs reprises des sociétés possédées par la femme du numéro deux du groupe, #JeanFrançoisPalus, et par un ami architecte du couple. Un mélange des genres qui fait l’objet d’un signalement au fisc italien.

mediapart.fr/journal/economie-