Italy's iconic fashion brand Prada is reportedly considering purchasing Versace, which is being sold by Capri Holdings, a US-based global fashion luxury group.
An Italian daily Il Sole 24 Ore has reported that Capri Holdings has allegedly engaged Barclays, a global financial services provider, to explore potential buyers for its Versace and Jimmy Choo brands, while Citi is acting as advisor to Prada.
In mid-December, a fashion magazine Women’s Wear Daily reported that fashion group was working with Barclays to sell off the luxury brands as it “focuses in on the Michael Kors turnaround.” Later, it was updated that Donatella Versace's contract is due to expire in February 2025.
Türkiye has the capacity, power, and determination to eliminate all threats to its existence at their source,” said the country's Foreign Minister Hakan Fidan.
Thousands rallied in Bucharest, Romania, demanding the reinstatement of canceled elections after claims of Russian interference, as tensions rise over democracy and trust in state institutions.
Firefighters report progress against Los Angeles County's wildfires, but strong winds threaten to worsen conditions. Over 34,000 acres have burned, with 10 fatalities and nearly 10,000 structures destroyed, as efforts focus on controlling the region’s most devastating blazes.
Italy has reopened its embassy in Damascus after 12 years, with Foreign Minister Antonio Tajani emphasizing support for the Syrian people and plans to boost economic cooperation during his visit.
EASA issues a safety alert advising against flights in key Russian airspace, citing risks tied to the Ukraine conflict and a recent crash. Guidance applies until July 2025.
Highland Park resident Sabrina gives a firsthand account of fleeing the devastating Southern California wildfires, as fierce 80 mph winds drive the Eaton Fire toward residential areas. In an exclusive interview, Sabrina details her experience joining the other 130,000 displaced citizens.
A Cessna CJ1+ aircraft (PR-GFS) crashed while landing at Gastão Madeira State Airport (UBT) in Ubatuba, Brazil, on 9 January 2025, amidst adverse weather. The crash, which claimed the pilot’s life and injured seven others, has raised concerns over private aviation safety in Brazil.
Azerbaijan's Foreign Ministry is working with Eritrean authorities to secure the release of 18 Azerbaijani citizens detained after their vessels entered Eritrean waters on November 7, 2024, due to severe weather. The crew faces charges of unauthorized entry.
Thousands rallied in Bucharest, Romania, demanding the reinstatement of canceled elections after claims of Russian interference, as tensions rise over democracy and trust in state institutions.
Firefighters report progress against Los Angeles County's wildfires, but strong winds threaten to worsen conditions. Over 34,000 acres have burned, with 10 fatalities and nearly 10,000 structures destroyed, as efforts focus on controlling the region’s most devastating blazes.
Italy has reopened its embassy in Damascus after 12 years, with Foreign Minister Antonio Tajani emphasizing support for the Syrian people and plans to boost economic cooperation during his visit.
EASA issues a safety alert advising against flights in key Russian airspace, citing risks tied to the Ukraine conflict and a recent crash. Guidance applies until July 2025.
Europe is facing a harsh winter as freezing temperatures and soaring gas prices strain households, following Ukraine’s halt of Russian gas transit. With heating demand surging, the crisis underscores the region's reliance on diversified energy sources.
Türkiye has the capacity, power, and determination to eliminate all threats to its existence at their source,” said the country's Foreign Minister Hakan Fidan.
Thousands rallied in Bucharest, Romania, demanding the reinstatement of canceled elections after claims of Russian interference, as tensions rise over democracy and trust in state institutions.
Firefighters report progress against Los Angeles County's wildfires, but strong winds threaten to worsen conditions. Over 34,000 acres have burned, with 10 fatalities and nearly 10,000 structures destroyed, as efforts focus on controlling the region’s most devastating blazes.
Italy has reopened its embassy in Damascus after 12 years, with Foreign Minister Antonio Tajani emphasizing support for the Syrian people and plans to boost economic cooperation during his visit.
EASA issues a safety alert advising against flights in key Russian airspace, citing risks tied to the Ukraine conflict and a recent crash. Guidance applies until July 2025.
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