Prada news and archive

Prada Group names Francesca Secondari chief legal officer

Francesca Secondari has been announced as group general counsel and chief legal officer of Prada, effective from May. This was revealed in a note by the Prada Group. In detail, Secondari is entrusted with responsibility for legal management, corporate affairs and group compliance. Secondari trained at the BonelliErede law firm, of which she...

Fashion |In Pictures

Adidas and Prada unveil first joint football boot collection

Sportswear giant Adidas has teamed up with Italian fashion house Prada on its first-ever joint football boot collection that combines the design codes of Prada with high-performance football technologies unique to Adidas. The Adidas and Prada collection reimagines three leading Adidas products - the Predator Accuracy, the Copa Pure and the X...

BusinessFeatured

Prada Group hails ‘strong start to year’ as Q1 sales jump 22 percent

Prada Group has hailed a “strong start of the year” with growth across markets and product categories, as well as a rebound in demand in China. The Italian group, which owns its namesake brand as well as luxury label Miu Miu, made sales of 1.07 billion euros in the three months ended March 31, up 22 percent from the 876 million euros it made a...

Culture

Fondazione Prada to launch “Everybody Talks About the Weather” exhibition in Venice

Fondazione Prada, the cultural institution founded by the fashion designer Miuccia Prada and her husband Patrizio Bertelli in 1993, has announced its latest exhibit, “Everybody Talks About the Weather." The exhibition is curated by Dieter Roelstraete and will be displayed at the historic Ca’ Corner della Regina in Fondazione Prada’s Venetian...

Business |Background Featured

Fashion dynasties: Nepo baby or deserving successor?

Fashion is all about a network of connections, but what if they don't have to be forged, and are instead inherited? In the past few months, the internet has come to recognise that Hollywood is a breeding ground, not just for good looks, but for privilege. While the concept and the debate it sparked is not particularly groundbreaking, the...

Business

Prada invests 60 million euros in its supply chain

Prada on Thursday said it is investing 60 million euros in its supply chain, boosting production at its knitwear factory in Torgiano, Umbria. The capital injection will improve its facilities and upgrade technologies. The Group is also eyeing to acquire smaller factories where it can be competitive in its craft and increase output. In 2018 Prada...

Fashion Featured

Prada Group dominates Lyst Index, Skims and JW Anderson make first entry

Prada Group dominated the Q1 2023 Lyst Index, a ranking of the most popular apparel brands compiled by fashion search engine Lyst. The group’s namesake label topped the index for the second quarter in a row as searches for the brand increased 22 percent. Meanwhile, Miu Miu - which is also owned by Prada Group - moved from fourth to second place...

Fashion |OPINION Featured

Is the sneaker trend running out of steam?

When the New York-based footwear company Common Projects launched their minimalist white sneaker, the Achilles, in 2004, there was little to forecast the brand would soon exceed 10 million dollars in annual sales and inspire countless imitations. With a branding signature of gold digits printed across the heel portion of the shoe’s upper, the...

Fashion

The Prada Group Academy: what is it and who can apply?

Prada Group has announced that it is looking to recruit 400 people with the goal to bolster its production capabilities. 200 of the new hires will be trained through the Prada Group Academy by the end of the year. What is it? The Prada Group Academy is a learning environment for company employees that takes place both online and offline. Luxury...

Business

Prada Group to recruit 400 people to strengthen production

Prada Group has said that it is set to recruit over 400 people by the end of 2023, in a bid to build up its production capacity and craftsmanship expertise in Italy. The strategy hopes to develop the luxury group’s facilities, as well as support its commitment to foster the craftsmanship and skills of its employees. According to the company, the...

Fashion

Harrods to open Prada Caffé pop-up until end of 2023

Nine years after Prada launched its Pradasphere at Harrods, a temporary exhibition and café celebrating the brand’s 100 year anniversary, Prada is back with one of its favoured concepts: the Prada Caffé. The luxury department store will open the Caffé doors on Friday, where the fashion house is serving breakfast, lunch, dinner, small bites and...

BusinessFeatured

Prada reports strong growth across brands and markets

The Prada S.p.A. net revenues of 4.2 billion euros, increased 21 percent in the year to December 31, 2022, while retail sales of 3.7 billion euros were up 24 percent. The company reported continued strength across all product categories with leather goods up 18 percent, ready to wear, up 27 percent and footwear up 29 percent. Gross margin was...