Prada Focuses on Revitalizing Versace

Prada has focused on revitalizing its luxury brand Versace after acquiring it last year and has confirmed that it has no current plans to acquire Armani. Instead, its efforts are currently directed toward developing Versace and improving its operational efficiency, with the brand preparing for a new fashion show next January. Additionally, the group has postponed its smart eyewear projects following exploratory discussions with former partners.

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