21:30
Fashion

Italy's Prada agrees to buy fashion rival Versace

Italian fashion house Prada has agreed to acquire Versace from Capri Holdings in a $1.375 billion deal, aiming to boost its presence in the global luxury market and revive the iconic but struggling brand.

14:12
FASHION INDUSTRY

Indonesia set to become Muslim fashion center

Indonesia is set to become the Muslim Fashion center, targeting five Middle Eastern countries—Iran, Turkey, Saudi Arabia, Pakistan, and Egypt—as potential markets for exporting apparel and footwear.

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