Prada Group has agreed to purchase Versace from Capri Holdings in a deal valued at $1.4 billion. The acquisition will be financed through $1.6 billion in new debt, following more than $1 billion already borrowed by Prada. The boards of both companies have approved the transaction. “Versace will maintain its creative DNA and cultural authenticity,... Continue Reading →

The New York Knicks are out for domination. For the second year in a row, Jalen Brunson and Karl-Anthony Towns led the team to the Eastern Conference Finals.  They proved that the Larry O'Brien trophy is merely the reward but the goal was to overpower their opponents. It showed in their 144-114 demolition of the Philadelphia 76ers which led to an... Continue Reading →

It’s the cherry on top for soda fans.  Coca-Cola announced the expansion of its cherry portfolio with the launch of the Coca‑Cola Cherry Float and the nationwide release of Diet Coke Cherry — now a permanent addition to their lineup.  Rolling out to retailers in the US and Canada, these flavors will join the existing... Continue Reading →