In a landmark move for the fashion industry, Prada has acquired Versace for €1.25 billion, uniting two of Italy’s most iconic brands. This deal signals a bold strategy amidst a competitive luxury market, reshaping the landscape of high fashion.
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Queen Letizia of Spain showcased her business acumen in a striking pinstriped power suit at a royal event in Madrid. The ensemble, combining elegance with authority, underscores her role as a modern royal dedicated to her public duties.