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Italian Police Request Governance Records from 13 Fashion Brands

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Italian police visited the headquarters of 13 major fashion brands, including Dolce & Gabbana, Versace, Prada, and Gucci, requesting documents on governance and supply-chain controls. The action is part of an investigation into alleged worker abuse at subcontractors, although none of the companies are under formal investigation or subject to court-appointed administration, judicial documents show.

The brands were linked to the probe after garments and subcontracting records connected to them were found in Chinese-owned workshops previously investigated in Milan. Authorities aim to assess the companies’ involvement in labour exploitation and whether their compliance systems adequately prevent such abuses. Companies will have the opportunity to address any issues internally before prosecutors consider further measures.

The move comes amid broader efforts by the Italian government to safeguard the reputation of “Made in Italy” fashion. Industry Minister Adolfo Urso recently proposed a bill for legal certification of fashion supply chains, allowing brands to pre-emptively prove compliance and protect Italy’s luxury sector, which accounts for more than half of global luxury goods production.

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Prada Acquires Versace in Major Luxury Fashion Shake-Up

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Prada has officially acquired Versace in a landmark deal worth $1.38bn (£1.04bn), bringing two iconic Italian luxury labels under one umbrella. The purchase price is significantly lower than the nearly $2bn paid by Versace’s former owner, Capri Holdings, in 2018. With this acquisition, Prada strengthens its portfolio—already home to brands like Miu Miu—as competition intensifies against giants such as LVMH, which owns Louis Vuitton, Dior, and Fendi.

The sale comes after a challenging period for Versace. Its long-time creative chief Donatella Versace stepped down in March, ending a 27-year tenure that began after the death of her brother Gianni. She was succeeded by Dario Vitale, previously a design director at Miu Miu. Under Capri Holdings, the brand moved away from its signature ornate aesthetic toward minimalism while raising prices, a strategy that coincided with slowing sales across Capri’s portfolio, including Michael Kors and Jimmy Choo.

Prada said it received all necessary regulatory approvals to finalize the deal. Capri Holdings noted that proceeds will be used to significantly reduce debt, improving its financial position. Prada CEO Andrea Guerra has expressed confidence in Versace’s long-term potential, saying the brand’s next chapter will require “disciplined execution and patience” as it integrates into the Prada Group.

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Prada Chosen to Create NASA’s Next Lunar Space Suit

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Prada, the renowned luxury fashion brand, is collaborating with Axiom Space to design space suits for NASA’s 2025 Moon mission. Axiom Space announced this partnership, citing Prada’s expertise in materials and manufacturing as valuable contributions to the project. While Prada is known for its fashion prowess, its involvement in the America’s Cup sailing competition has also honed its skills with composite fabrics, making it a fitting choice for the task.

Despite their fashion credentials, Prada’s focus remains on the technical aspects of the space suits. Astronauts won’t be donning paisley or fancy patterns; instead, the primary goal is to ensure a stable thermal environment within the suits. These space suits, akin to miniature spacecraft, must provide pressure, oxygen, and temperature regulation to support astronauts during their lunar missions.

Axiom Space had previously unveiled a 55kg spacesuit designed to offer a better fit for female astronauts during the upcoming Artemis 3 mission. The collaboration between Artemis, Prada, and Axiom aims to incorporate innovative technologies and design to facilitate more extensive lunar exploration, marking a significant milestone as it will be the first crewed Moon landing since Apollo 17 in 1972 and the first time a female astronaut, Christina Koch, will set foot on the lunar surface.

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