Prada Acquires Versace, Raises Concerns Over Capri Holdings' Big Buyback.

Prada has acquired Versace for €1.83 billion, a lower price than the $2 billion paid by Capri Holdings in 2018. While Prada's acquisition is a positive move, Capri Holdings' large buyback program is a major red flag. This may indicate a lack of confidence in the company's long-term growth prospects.