Prada Works With Advisers to Evaluate Versace for Possible Bid
Prada SpA is working with advisers to evaluate the Versace brand as it weighs a bid for the Italian fashion company owned by Capri Holdings Ltd.
Milan-based Prada, a rare standout amid the luxury sector's recent downturn, has kicked off a full review of Versace after gaining access to its latest financial and sales figures, people familiar with the matter said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
10 minutes ago
- Business Upturn
From Silicon to Sentience: mimik Unveils Ubiquitous AI Execution Fabric with AMD Platforms for the Agentic Economy
Oakland, Calif., United States: mimik today announced a strategic collaboration with AMD, having integrated its Agentix-Native Operating and Execution Environment (mim OE) across AMD platforms to deliver ubiquitous AI execution for agentix-native systems. This press release features multimedia. View the full release here: Where compute meets the execution Fabric. mimik | AMD With mimik's platform pre-integrated across AMD-based systems, enterprises and developers can achieve out-of-the-box agentic deployment today, with the certainty to deliver intelligence wherever it's needed in the business to drive rapid growth. The result is a context-aware, dynamically discoverable, adaptive, and resilient compute fabric, with built-in zero-trust security, network offline-first capability, and seamless multi-cloud integration when agentic AI requires it. Developers can start building and deploying agentic workflows immediately, accelerating solution delivery without needing to rebuild infrastructure. 'This collaboration marks a turning point,' said Fay Arjomandi, Founder and CEO of mimik. 'We're not retrofitting legacy AI. We're enabling, giving developers and enterprises a frictionless way to adopt and scale agentic AI where compute is fluid, intelligence is choreographed, and AI execution is embedded into every layer of infrastructure.' With this integration, AMD hardware becomes an execution-ready environment for real-time AI, optimized for business-critical workloads across diverse environments. AMD shares this vision of an adaptive, agent-ready future. 'Our collaboration with mimik enables a new generation of AI systems that are responsive, distributed, and production-ready,' said Ramine Roane, corporate vice president, Artificial Intelligence Group, AMD. 'By embedding mimik's execution environment across AMD platforms, from the smallest cameras and robots to the largest server, we're enabling real-time AI that's dynamic, sovereign, and built for scale. This is the future of AI compute: ubiquitous, intelligent, enterprise and developer ready.' mimik's software enablers, pre-integrated across AMD platforms and built on an open API model, allow developers and enterprises to deploy agentic workflows out-of-the-box, locally or in coordination with other nodes. The result is a dynamically choreographed mesh of AI agents operating across AMD's device-first continuum compute fabric that is context-aware, resilient, offline-first, and cloud-capable when needed. This is the execution foundation of the Agentic Economy, ready to scale real-world impact, today. Watch the demo video to see how mimik with AMD deliver Physical AI across the device-first continuum: About mimik: mimik powers the Agentic Economy with Agentix-Native software that turns everyday devices into intelligent collaborative systems. Its software platform enables real-time inference across smartphones, cameras, drones, robots, machines, and servers. By creating a Device-First AI continuum across endpoint devices and the cloud, mimik gives way to enterprises to operationalize agentic AI, scale intelligence, and optimize performance and cost. AMD, the AMD Arrow Logo, AMD Instinct, ROCm, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Yahoo
13 minutes ago
- Yahoo
Pirucream® Debuts Bite-Sized Innovation at the 2025 Summer Fancy Food Show
Pirucream Bites make their trade debut, offering a new snack experience crafted for indulgence Pirucream Bites 7oz MIAMI, June 11, 2025 (GLOBE NEWSWIRE) -- Pirucream, the original premium rolled wafer brand with European roots and Latin American flair, will debut its newest snack innovation, Pirucream Bites, at the 2025 Summer Fancy Food Show in New York. From June 29 – July 1, the brand will showcase and sample its indulgent bite-sized snackable confections at Booth #4114. Pirucream Bites are available in three decadent flavors made with premium ingredients like hazelnuts from Tarragona, Spain, and 100% certified organic cocoa — Chocolate Hazelnut, Double Chocolate, and Coconut Crème. Offered in resealable 7oz stand-up bags with a suggested retail price of $4.99, Pirucream Bites provide the crunchy texture of a thin rolled wafer, combined with a smooth, creamy center. All Pirucream confections are free from artificial colors, high-fructose corn syrup, trans fats, and artificial sweeteners. 'Pirucream Bites represent an exciting evolution for our brand,' said Jonathan Sanchez, CEO of Sindoni North America. 'We've taken our delicious heritage recipe and adapted it for today's lifestyle, with the same quality of everyday indulgence. With this new line, we're opening the door to entirely new retail conversations across the U.S.' Already stocked at major retailers including Walmart, Publix, Walgreens, and CVS, Pirucream is using this year's Show as a springboard to expand its U.S. retail footprint into new channels. The product line is backed by robust digital media, influencer partnerships, and high-impact in-store sampling designed to drive trial and repeat purchase. 'The reaction to Pirucream Bites has been overwhelmingly positive, our buyers are loving the taste and texture,' said Simone Luke, U.S. Head of Sales at Sindoni North America. 'We're thrilled to finally bring these to the Summer Fancy Food Show and can't wait to connect with retailers, category leads, and distributors, to build what's next for Pirucream in the States.' Pirucream invites attendees to visit Booth #4114 to taste all three flavors, explore retail-ready display options, and learn more about the brand's growing U.S. strategy. With distribution in over 20 countries across three continents, Pirucream continues to bring joy — and crunch — to consumers worldwide. About Pirucream® Pirucream is a brand operated by Sindoni North America. With clean-label credentials and global appeal, Pirucream delivers indulgent, responsibly crafted wafer rolls that resonate with today's consumers. Founded in the 1970s by Italian brothers Giuseppe and Filippo Sindoni, Pirucream blends Italian tradition with bold innovation. The brand is headquartered in Miami, FL, and continues its U.S. expansion through leading national retailers and specialty channels. Learn more at or @PirucreamOficial on social. Media Contact:Isabel Buroz (954) 648-2901iburoz@ Contact:Simone Luke(954) 547-2036sluke@ A photo accompanying this announcement is available at
Business Wire
13 minutes ago
- Business Wire
Anaergia S.r.l. Expands Collaboration With Techbau for Additional Anaerobic Digestion Facilities in Italy
TREVIGLIO, Italy & BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed a revised contract with Techbau S.p.A. ('Techbau'), a leading Italian company specializing in large-scale engineering and construction projects, to build two new biomethane production plants in Italy. This revised contract is an expansion of the contact announced on April 2, 2025, and it brings the total number of facilities Anaergia is supplying for Techbau to seven. Anaergia S.r.l. will supply state-of-the-art equipment for the biomethane production process for each of the facilities, while Techbau will serve as the general contractor, responsible for the engineering, procurement, and construction of the facilities that are to be strategically located across Southern Italy. These facilities will use Anaergia's advanced anaerobic digestion technologies to produce renewable biomethane from various agricultural and food processing wastes, supporting Italy's commitment to sustainable energy and decarbonization goals. All seven plants are expected to be fully constructed and operational, supplying renewable biomethane to Italy's gas pipeline grid by mid-2026. Under the expanded contract, Anaergia anticipates recognizing additional revenues of C$9.2 million, bringing the total anticipated revenues for all seven projects with Techbau to over C$36 million. "Anaergia has developed a unique combination of experience and expertise, enabling us to effectively meet our clients' needs within efficient timeframes," stated Assaf Onn, CEO of Anaergia. "However, we are particularly gratified that this increase in the number of projects we are working on for Techbau also demonstrates the positive relationship and the high level of trust between our companies." About Techbau Techbau is an Italian leader in the design and execution of complex infrastructure and industrial projects. Renowned for its innovative approach and technical expertise, the company operates across multiple sectors, including energy, transport, and manufacturing. Techbau's robust capabilities and proven track record make it a trusted partner for high-value projects both in Italy and abroad. About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the full development and funding of construction of the seven facilities, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2023, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities.
