Prada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure [Yahoo! Finance]
BRUNELLO CUCIN UNSP/ADR (BCUCY)
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Source: Yahoo! Finance
What began as a talk ahead of the first tour of the group's Torgiano knitwear industrial structure turned into a conversation about some of the most important issues in the industry and in Italy at the moment, starting from protecting the supply chain to the generational handover and M&A. More from WWD How Much Has the WNBA Draft's Impacted Fashion Designers? Wonyoung, Minnie, Momo: Understanding Miu Miu's Soaring Popularity in Asia The Scenario May Be Different, but Prada Group Continues to Grow Lorenzo Bertelli, marketing director and head of CSR, said that the group “has been and will always be open to considering opportunities.” He is the son of Prada founders Miuccia Prada and Patrizio Bertelli, and shied away from commenting on a question about a potential future target: the Giorgio Armani company, the future of which has been the target of speculation. “We are not aware of his own private thoughts,” he said referring to the designer. Group chief executive officer A
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