>> Prada, Richemont Rumors Persisting —Two weeks ago, a report that luxury conglomerate Richemont (whose properties include Cartier, Van Cleef & Arpels, and Chloe) was taking a stake in Prada; Prada emphatically denied the notion. But Business of Fashion's Imran Amed reports today from Berlin Fashion Week: "Sources here in Berlin say the Prada and Richemont rumours are true, despite firm denials from Prada." If that's the case, a Prada-Richemont marriage could create quite the competitor for Richemont rival LVMH. [@_BOF_]
by | January 20, 2010 12:23 pm
Betty Jackson
Coast
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