Translated by Nicola Mira Published November 15, 2024 The unbridled race to raise prices in the high-end sector seems to have reached its ceiling. The recent excesses, with prices doubling …
By Bloomberg Published November 10, 2024 After transforming a small leather shop in Milan into a $19 billion luxury empire, Miuccia Prada and Patrizio Bertelli have taken the first steps …
By Bloomberg Published May 21, 2024 Prada SpA isn’t shopping for major acquisitions right now, Chief Executive Officer Andrea Guerra said, as the Italian fashion house wants to stay focused …
By Bloomberg Published May 7, 2024 Prada is prepared to evaluate acquisitions as candidates arise in the luxury sector, according to Lorenzo Bertelli, heir to the Italian billionaire family. See …
By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …
By Bloomberg Published Mar 7, 2024 Prada SpA sales jumped as the Italian group saw strong demand for some of its hippest products, like brushed leather loafers and Miu Miu …
By Bloomberg Published Dec 20, 2023 Prada SpA has agreed to buy the building housing its flagship store on New York’s iconic Fifth Avenue — one of the world’s top …
By AFP Translated by Roberta HERRERA Published Oct 31, 2023 The Italian luxury goods group Prada witnessed a 12% increase in revenues during the first nine months of the year, …