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Prada embarks on succession path to handover reigns to eldest son

Prada has begun the process of succession planning, looking to the former Luxottica chief Andrea Guerra to streamline the luxury house’s change of leadership. Prada CEO Patrizio Bertelli (76) and Miuccia Prada (73) are expected to hand the company operations to their eldest son, Lorenzo Bertilli (34), who joined the company 2007 as digital...