Prada has completed its $1.38bn acquisition of Versace, bringing two iconic Italian fashion houses together as the brand seeks to strengthen its global luxury portfolio. The sale marks a significant loss for former owner Capri Holdings and comes amid shifting creative direction and slowing sales for Versace.
Luxury fashion house Prada has unveiled a new brooch shaped like a safety pin, featuring delicate crochet detailing and a Prada charm. But what’s really catching attention isn’t the design — it’s the price tag of $775 (₹68,758) that’s making social media buzz with mixed reactions.
After facing backlash over a sandal design resembling Kolhapuri chappals, Italian luxury brand Prada has announced a potential collaboration with Indian artisans. Talks with the Maharashtra Chamber of Commerce have opened the door to a “Made in India” collection celebrating traditional craftsmanship.
Luxury fashion house Prada is facing backlash in India after a PIL was filed accusing it of cultural appropriation over its latest sandal design resembling the traditional Kolhapuri chappal. The petition demands an apology and compensation for the artisanal community.
