Prada news and archive

Lorenzo Bertelli (Prada): "thanks to AI, we will finally be able to value people who work with their hands"

Scandicci (Florence, Italy). “Technology and artificial intelligence will give us efficiency and free up time for high value-added work,” stated Lorenzo Bertelli, chief marketing officer and head of corporate social responsibility for the Prada Group, and the future CEO. Bertelli was in Scandicci in November, together with current CEO Andrea...

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Prada Spa completes acquisition of Versace

Prada Spa announces the completion of the acquisition of Versace from Capri Holdings today. This follows the receipt of all required regulatory approvals. The group's brand portfolio has therefore expanded. It now includes Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824 and Luna Rossa. The ready-to-wear, leather goods, footwear and...

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Armani acquisition unlikely for Prada Group, says CEO Andrea Guerra

The Armani Group does not appear to be in Prada's future. “I don't think it will happen,” said Andrea Guerra, chief executive officer of the Prada Group, yesterday during a conference call with analysts for the presentation of data for the first nine months of 2025. Guerra was responding to a question about whether the group might enter the deal...

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Prada Group retail sales grow by 9 percent in first nine months of 2025

Prada S.p.A. reported net revenues of 4.07 billion euros in the first nine months of the year, an increase of 9 percent year-over-year at constant exchange rates. This marks the group's 19th consecutive quarter of growth. According to data reviewed and approved today by the Prada S.p.A. board of directors, retail sales amounted to 3.65 billion...

Culture

Prada brings Sea Beyond project to Shanghai

Prada is continuing its efforts to raise awareness about the environment and the ocean. For ten days, the historic Shanghai residence, restored by the Prada Group, will host a programme of educational activities on the theme of ocean preservation as part of the Sea Beyond project, aimed at engaging the local community. From October 10 to 19,...

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Milan Fashion Week: Mix of styles at Prada, joyful colours at Fendi

Milan - Italian fashion house Prada paired military-style shirts with bell-shaped skirts and elegant evening gloves on Thursday, in a collection designed to challenge traditional notions of glamour. Co-creative directors Miuccia Prada and Raf Simons revisited the theme of uniforms for their spring/summer 2026 show at Milan Fashion Week, with the...

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Prada, Jil Sander, Jack Wolfskin… An overview of new management in the fashion industry

Even during the seemingly quiet summer period, the fashion industry continues its reshuffle. From Lancel and Nike to Geox and Marni, FashionUnited has compiled the most important personnel decisions of recent months. Jil Sander: Ubaldo Minelli appointed CEO Ubaldo Minelli, chief executive officer of the Italian fashion group OTB Group, is now...

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Prada group: Christopher Bugg is the new chief communication officer

Prada Group has a new appointment. The company has appointed a new chief communications officer, effective immediately. Christopher Bugg, as explained in a statement from the Milan-based company, will be responsible for overseeing the global communication strategies of Prada Group and its brands: Prada, Miu Miu, Church’s and Car Shoe. Bugg will...

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Prada Group's H1: Strong performance driven by Miu Miu's growth

Prada Group reported net revenues of 2.74 billion euros. This represents a 9 percent increase in the first half of 2025. Retail sales totalled 2.45 billion euros. This is a 10 percent year-on-year increase, with growth across all geographical areas. Retail sales for the Prada brand decreased by 2 percent year-on-year. Miu Miu achieved a 49...

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Mergers and acquisitions: PwC says fashion and luxury sector is increasingly selective

Mergers and acquisition operations in the consumer sector are slowing down globally. However, seven mega-deals exceeding 5 billion dollars are boosting overall value. In Italy, 158 transactions were announced in the first five months of 2025. These are some of the findings detailed in the report 'PwC Global & Italian Merger and Acquisition Trend...

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Prada CEO Gianfranco D’Attis steps down

Rome – Gianfranco D’Attis, chief executive officer of Italian luxury label Prada, stepped down from his role on June 30, the group confirmed to AFP on Sunday, following a report by specialist media outlet WWD. The role of chief executive officer was assumed on an interim basis by Prada Group chief executive officer, Andrea Guerra. According to...

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Fashion

MFW goes on despite worries over Ukrainian invasion

The fashion set put their best face forward on Thursday despite worries over the invasion of Ukraine, as Milan Fashion Week guests and workers vowed to go on with the shows. The lineup, which included Emporio Armani, MM6 Maison Margiela, Prada and Moschino appeared to go off with all the studied nonchalance expected at fashion events -- but some...