What's the succession plan like for Versace now that Prada acquired it?

Miuccia Prada acknowledges the applause at the end of the presentation of the Autumn/Winter 2025 creations by Miu Miu. Photo: AFP

 

For decades, the fiercely independent Prada SpA chairman Patrizio Bertelli talked about the need for Italian fashion houses to acquire size and scale to take on sprawling industry behemoths like LVMH and Kering SA and also avoid being gobbled up by them.