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The News in Brief

Prada Heir Says the Group Is Open to More M&A

‘We have been and will always be open to considering opportunities,’ Lorenzo Bertelli told reporters Tuesday at the opening of a knitwear factory in Torgiano, Italy.


Coty Sales Rise 8%, Led by Prestige Beauty

Beauty company Coty beat Wall Street expectations for third-quarter revenue on Monday and said it expects to achieve the high end of its annual targets, riding on steady global demand for its luxury and mass-market products.


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