ITALY’S PRADA TO BUY RIVAL VERSACE FOR 1.25 BN EUROS. (PHOTO).

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 Italy’s Prada to buy rival Versace for 1.25 bn euros Italian fashion house Prada announced Thursday that it had reached a deal with US group Capri Holdings to buy Versace for 1.25 billion euros ($1.39 billion). The acquisition will create a luxury group with revenues of over six billion euros that could better compete with industry giants such as the French conglomerates LVMH and Kering amid a slowdown in the sector worldwide. “We are delighted to welcome Versace to the Prada Group and to build a new chapter for a brand with which we share a strong commitment to creativity, craftmanship and heritage,” Prada group chairman and executive director Patrizio Bertelli said in a statement. In 2018, Capri paid €1.83 billion (then $2.1 billion) to acquire Versace, which was previously owned 80 percent by the Versace family and 20 percent by the US investment fund BlackRock. Amid declining sales, it put the Milan-based label up for sale, and began exclusive negotiations with Prada at the en...
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LIL KIM FANS,WERE HAPPY WITH HER PERFORMANCE AT BET AWARDS AS SHE PERFORMED WITH HER BIG BROTHER PUFF DADDY.

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                      Yes Lil Kim called Puff Daddy her big brother,as they both performed recently at BET AWARDS 2015 yesterday sunday.She shared the picture above with the caption ''Loved performing with my big brother!!.I love you Puffy''.It did not end there as her fans were so excited that she came from under the stage and they were so excited about it.One of her fans Thomas Turner wrote ''I almost had passed out when you first had came from up under of the stage like that Lil Kim the crowd went wild,i started screaming real loud,i love you 4 life you did that The Queen Bee killed it!!!! Team LiL Kim''.Read more of her fans reply below.                                                                                           

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