Prada open to additional acquisitions following Versace, with potential interest in Armani, says Lorenzo Bertelli.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
0mins
Should l Buy CPRI?
Source: Reuters
Prada's Acquisition Strategy: Lorenzo Bertelli, Prada's chief marketing officer, indicated that the company may pursue further acquisitions after finalizing its $1.4 billion purchase of Versace, although there are currently no active discussions regarding Giorgio Armani.
Focus on Versace: Bertelli emphasized that Prada's immediate focus is on revitalizing Versace, which has faced challenges, and he expressed confidence in the brand's potential for recovery over time.
Succession Planning: The acquisition of Versace is part of a broader succession plan within the Prada group, with Bertelli set to take on a more prominent role, including becoming executive chairman of Versace post-acquisition.
Future Developments: While Prada has explored the idea of a Milan listing and potential collaborations on smart glasses with EssilorLuxottica, Bertelli stated that there are no immediate plans for these initiatives.
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Analyst Views on CPRI
Wall Street analysts forecast CPRI stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 19.970
Low
21.00
Averages
26.46
High
32.00
Current: 19.970
Low
21.00
Averages
26.46
High
32.00
About CPRI
Capri Holdings Limited is a global fashion luxury company, consisting of brands, such as Michael Kors and Jimmy Choo. Its Michael Kors segment includes the sale of Michael Kors products through four primary Michael Kors retail formats: Collection stores, Lifestyle stores (including concessions), outlet stores and e-commerce sites, through which it sells Michael Kors products, as well as licensed products bearing the Michael Kors name, directly to consumers throughout the Americas, certain parts of EMEA and certain parts of Asia. It also sells Michael Kors products directly to department stores, primarily located across the Americas and Europe, to specialty stores and travel retail shops, and to its geographic licensees. Its Jimmy Choo segment includes the sale of Jimmy Choo luxury footwear, handbags and small leather goods through directly operated Jimmy Choo retail and outlet stores throughout the Americas, certain parts of EMEA and certain parts of Asia, through its e-commerce sites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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