Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.

Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.View on euronews

Italian luxury fashion house Prada reported a bumper set of results for 2024, defying analysts' expectations and the crisis in luxury markets. This comes on the heels of rumours that it is in talks to purchase Versace.

Prada is finalizing an agreement to acquire Versace from Capri Holdings for approximately 1.5 billion ($1.6 billion). This acquisition would unite two of Italys most iconic luxury fashion brands, bringing Versace

As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies higher.

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach