Angelo Moratti isn’t in the news — he’s a legendary Italian oil tycoon and Inter Milan owner (1955-68), not related to Prada-Versace deal.
Prada has completed its acquisition of Versace from Capri Holdings, aiming to revitalize the brand. Lorenzo Bertelli will lead as chairman, with a focus on growth and creative renewal. The deal marks a strategic move to tap into Versace’s untapped potential amid a creative relaunch.