Preparation for a New Era
Prada is preparing to welcome Versace back to Milan. The announcement comes after Capri Holdings revealed the acquisition of Versace for 1.25 billion euros on Thursday, prompting Chief Executive Officer Andrea Guerra to express the company’s readiness for this significant move.
Aims for Versace
The goal of the group for Versace is focused on achieving sustainable, permanent success. This ambition underscores the importance of strategic planning and execution in ensuring the long-term viability and growth of the Versace brand under its new ownership.
Key Performance Indicators
When asked about the key performance indicators (KPIs) that would measure the success of Versace, Guerra emphasized the importance of "long-term sustainable sales growth." This indicates that the company’s strategy for Versace will prioritize steady, ongoing expansion in sales over short-term gains, reflecting a commitment to building a strong foundation for the brand’s future.