PRADA S.P.A.UNS.ADR/2 EO1 ADR

Prada, in cooperation with Axiom Space, has unveiled a Liquid Cooling and Ventilation Garment for astronauts to be worn under space suits on the Artemis missions. Direct revenues from the exclusive inner layer could be an estimated up to €10 million in 2026, but would remain small compared with group sales of around €6.42 billion. More important is the media impact and the strengthening of the premium sportswear division; analysts are bullish with an average price target of €5.49 (about 27% upside). » More on deraktionaer.de

The Prada Group has completed the full takeover of fashion house Versace from Capri Holdings. All antitrust approvals, including the consent of the EU Commission, are in place; the purchase price was previously stated as €1.25 billion. Since April Donatella Versace has been only a brand ambassador; the new creative director is Dario Vitale. » More on t-online.de