# @nojumper on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DIR4La_plTB
- **Gondola URL:** https://gondola.cc/posts/29258131-nojumper-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/7a606071bb.jpg
- **Posted:** 2025-04-10T20:23:50.000+00:00
- **Account Owner:** No Jumper 🏀 (@nojumper) — https://gondola.cc/nojumper

## Caption

#Prada struck a $1.375 billion deal to buy smaller rival #Versace from #CapriHoldings on Thursday, including its debt, in a move that unites two of the biggest names in #Italian fashion.

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in the last few quarters. The merger strengthens Italy’s hand in a luxury industry led by #French conglomerates, the biggest being #LouisVuitton owner LVMH.

via cnn
• nathan.berganza

## Stats

- **Views:** 0
- **Likes:** 7,904
- **Shares:** 0
- **Comments:** 57

## Tags

versace, italian, french, capriholdings, prada, louisvuitton

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