Prada's CEO say group looks at M&A opportunities when they come around

Prada SpA

04/03/2025 14:04

MILAN, March 4 (Reuters) - Italian luxury group Prada 1913.F looks at M&A opportunities when they arise, Chief Executive Andrea Guerra told analysts in a conference call on Tuesday.

"On one side we are focused on our brands, on the other side ... when things come around you'll look at them," Guerra said, when asked about the group's investment strategy.

Prada's Chief Financial Officer Andrea Bonini had earlier said that the group didn't comment on rumours, when asked about the group's potential interest in Versace and Jimmy Choo, brands owned by Capri Holdings CPRI.N.

 (Reporting by Elisa Anzolin
Editing by Keith Weir)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))