Prada Group news and archive

Prada and UNFPA launch fashion programme in Ghana and Kenya

Luxury conglomerate Prada Group has teamed up with the United Nations sexual and reproductive health agency (UNFPA) on a fashion training programme for young women in Ghana and Kenya. The pilot programme, ‘Fashion Expressions: The Stories She Wears’, looks to leverage the social and economic power of fashion to promote women’s empowerment and...

20 Oct 2022

Business

Prada buys 43.65 percent stake in Superior tannery

The Prada Group has announced the acquisition of 43.65 percent of the share capital of Superior S.p.A., a tannery in Santa Croce sull'Arno in the province of Pisa, Tuscany. Under the agreement, the company said, management responsibility will remain with Stefano Caponi, the current CEO. Commenting on the acquisition, Patrizio Bertelli, CEO of...

20 Sept 2022

Business

OTB Group becomes newest founding member of Aura Blockchain Consortium

Fashion conglomerate OTB Group joins LVMH, Prada Group and Cartier as a new founding member of technology innovation initiative Aura Blockchain Consortium. As the parent company of Diesel, Maison Margiela, Marni, Jil Sander and Viktor&Rolf, the OTB Group’s new move will see the company dive into the exploration of digital transparency and...

15 Oct 2021

Business

Prada Group to partner with Theaster Gates Studio on three-year design lab programme

Dorchester Industries, the design division of Theaster Gates Studio, has partnered with Rebuild Foundation and Prada Group on the Dorchester Industries Experimental Lab. The three-year program will function as a platform and space for artists and designers of colour, with a goal of amplifying their work, investing in their development and...

6 Sept 2021

Business

Prada and Ermenegildo Zegna buy Filati Biagioli Modesto S.p.A.

The Prada Group and Ermenegildo Zegna Group have acquired a majority shareholding in Italian company Filati Biagioli Modesto S.p.A., which specialises in cashmere and other precious yarns. In a statement, the two companies said that they have each acquired a 40 percent shareholding in Filati Biagioli Modesto S.p.A., which is based in Montale...

22 Jun 2021

Fashion Featured

Prada Group to “deepen” its commitment to diversity, equity and inclusion

The Prada Group has announced a series of talent and educational initiatives aimed at intensifying its commitment to diversity, equity and inclusion within the company and the fashion industry as a whole. Prada said that it is committing “substantial” investment to increase representation within the industry, starting with internship and...

17 May 2021

Business

LVMH, Prada and Cartier join forces to form blockchain consortium

Fashion conglomerate LVMH is joining forces with the Prada Group and Cartier, part of Richemont, to form the Aura Blockchain Consortium to address the “shared challenges” of communicating authenticity, responsible sourcing and sustainability in a secure digital format. The move marks the first global blockchain consortium dedicated to the luxury...

20 Apr 2021

Fashion

Prada funds Italian Covid-19 research

In an attempt to decrease the spread of Covid-19, Prada Group is financially supporting ‘Proteggimi’, a research project on male susceptibility to the virus. As data suggests that Covid-19 affects men more than women, the San Raffaele Hospital in Milan will investigate whether male sex hormones play a factor in this imbalance. The Italian luxury...

29 Apr 2020

PeopleFeatured

Prada names Raf Simons as co-creative director

The rumours surrounding Raf Simons next move has been confirmed, the Belgian designer has been named as co-creative director of Prada. Simons, will join Prada on April 2, and will work in partnership with Miuccia Prada with “equal responsibilities for creative input and decision-making,” the Italian fashion label confirmed during Milan Fashion...

23 Feb 2020

People

Is Raf Simons heading to the Prada Group?

The fashion industry is as partial to a conspiracy theory as it is a trend. The whispers in the corridors of Milan and Paris fashion weeks are suggesting Belgian designer Raf Simons may be making alliances with the Prada Group, to head up its sister label Miu Miu. According to WWD, Miu Miu has moved its design and communication office to Milan...

25 Jan 2020

Retail

Prada expands digital presence in China

Italian fashion house Prada has opened a flagship store on JD.com, China’s largest e-commerce company, as it looks to expand its digital presence in the country. The new digital flagship store will offer Prada’s upcoming autumn/winter collection and was announced at JD.com’s annual anniversary shopping festival, which celebrates the company’s...

18 Jun 2019

Fashion Featured

Prada group goes fur-free as of Spring/Summer 2020

The anti-fur bandwagon is growing. The Prada Group is the latest luxury fashion company to vow to cease production of fur goods. All brands under the Italian luxury fashion house – including Prada, Miu Miu, Church's, and Car Shoe – will no longer use animal fur in its designs or products as of the Spring/Summer 2020 women’s collections....

22 May 2019