MILAN, March 4 (Reuters) - Italian luxury group Prada

looks at M&A opportunities when they arise, Chief

Executive Andrea Guerra told analysts in a conference call on

Tuesday.

"On one side we are focused on our brands, on the other side

... when things come around you'll look at them," Guerra said,

when asked about the group's investment strategy.

Prada's Chief Financial Officer Andrea Bonini had earlier

said that the group didn't comment on rumours, when asked about

the group's potential interest in Versace and Jimmy Choo, brands

owned by Capri Holdings ( CPRI ).