Italian luxury group Prada is always looking out for acquisition opportunities, Lorenzo Bertelli, son of the group's founders, said on Tuesday. "The Prada group is and will always be looking around for opportunities", Bertelli, who serves as Prada's marketing director, told reporters at a company event in Umbria, when asked whether the group was interested in acquiring Armani or other brands. WHY IT IS IMPORTANT Giorgio Armani told Bloomberg in an interview last month that he did not rule out a merger or a listing for its company in its succession plans, rekindling speculation about the future of the Italian fashion group.
"It was worth it..."
A third-party payroll system used by the Ministry of Defence was targeted in a cyber attack.