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NYSE:CPRI 23 August 2025 - 3 December 2025

Prada Completes $1.4 Billion Versace Acquisition: What Comes Next for Italian Luxury

Prada Completes $1.4 Billion Versace Acquisition: What Comes Next for Italian Luxury

On December 2, 2025, the Prada Group officially completed its long‑planned acquisition of Milanese rival Versace, closing a deal valued at around €1.25–1.3 billion, depending on how you count enterprise value and final cash adjustments.PradaGroup+2Межа. Новини України.+2 The transaction unites two of Italy’s most famous fashion houses under one corporate roof: Prada and its youth‑driven sister brand Miu Miu on one side, and Versace, the emblem of maximalist glamour, on the other. It’s being hailed by analysts as a defining moment for Italian luxury—and a direct challenge to French giants like LVMH and Kering.Vogue+2Vogue+2
3 December 2025
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Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Prada Completes €1.25 Billion Versace Takeover, Redrawing the Global Luxury Fashion Map

Milan’s luxury landscape shifted decisively on Tuesday, December 2, 2025, as Prada Group confirmed it has completed the long-awaited acquisition of fellow Italian fashion house Versace from Capri Holdings in a deal valued at about €1.25 billion.PradaGroup+29News+2 The closing, announced after all regulatory approvals were secured, brings together two of Italy’s best-known style powerhouses under one corporate roof and marks the largest acquisition in Prada’s 112‑year history.FashionNetwork+1
2 December 2025
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2025’s Most Popular Men’s and Women’s Watches – Luxury Icons, Smartwatch Superstars, Fashion Favorites & Affordable Gems

2025’s Most Popular Men’s and Women’s Watches – Luxury Icons, Smartwatch Superstars, Fashion Favorites & Affordable Gems

Watches are back in vogue in 2025, bridging the gap between cutting-edge technology and timeless craftsmanship. From Swiss luxury timepieces commanding waitlists to sleek smartwatches dominating wrists in Silicon Valley, the global watch market is booming with choices for every style and budget. Men and women alike are embracing watches not just as timekeepers, but as fashion statements, status symbols, and even tech companions. “We’re seeing more and more women investing in luxury watches as essential elements of their wardrobes,” says Eugene Tutunikov, CEO of SwissWatchExpo swisswatchexpo.com. At the same time, smartwatches have gone mainstream, with over half of surveyed women now wearing a smartwatch – a share that nearly doubled since 2020 deloitte.com. In this report, we’ll explore 2025’s most popular watches across four key categories – luxury, fashion, smartwatches, and affordable – with separate insights into men’s and women’s trends. Along the way we’ll highlight expert opinions, recent industry news, and regional preferences that are shaping the watch world. Time to dive in! Luxury watches remain the ultimate status symbols in 2025, revered for their heritage, craftsmanship, and investment value. The high-end watch industry is hotter than ever, posting record sales in 2023 and continuing strong into 2025
23 August 2025
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Stock Market Today

  • Avis Budget Jumps After $650M Pentwater Settlement Proposed
    July 2, 2026, 8:04 PM EDT. Avis Budget Group (NASDAQ:CAR) shares jumped 11.3% to $163.44 after news of a proposed $650 million settlement with Pentwater Capital Management. Investors responded to the deal, which still needs court approval and works out to about $18.40 per share. Avis also recently refinanced a $2 billion credit facility, pushing out the maturity to 2031, and added a $200 million revolver that will come due if legal settlements top $500 million. The $650 million settlement is 123% of Avis's Q1 cash and about 71% of reported liquidity. The settlement talk comes as Avis posted a $283 million net loss and a $113 million adjusted EBITDA loss in Q1, but the legal outcome gave the stock a lift. By contrast, Hertz Global Holdings (NASDAQ:HTZ) dropped 4.1%. Size of the payout and legal details tied directly to debt management, giving Avis a jolt in market value.
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