Prada S.p.A.
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- Business
- Prada S.p.A. designs, manufactures, promotes and distributes luxury leather goods, ready-to-wear collections, footwear and accessories through its owned brands including Prada, Miu Miu, Church's, Car Shoe, Pasticceria Marchesi and Versace; it also operates in eyewear and beauty sectors via licensing agreements with partners such as Luxottica and L’Oreal. The company offers specific product lines encompassing high-end handbags, travel accessories, men's and women's apparel, sophisticated shoes like Church's handmade footwear and Car Shoe's iconic studded moccasins, pastries from the historic Marchesi brand, and fragrances; these are distributed worldwide via 620 directly operated stores across more than 70 countries, e-commerce, department stores and selected retailers. Founded in 1913 by Mario Prada and headquartered in Milan, Italy, the group maintains 25 owned factories primarily in Italy, with additional facilities in the UK, France and Romania, and employs over 15,500 people serving affluent customers in Asia Pacific, Europe, the Americas, Japan and the Middle East. Recent strategic developments include the April 2025 agreement to acquire Versace from Capri Holdings for €1.25 billion, anticipated to close in early December 2025 pending regulatory approval, forming an Italian luxury holding with projected sales exceeding €6 billion; a €300 million investment to expand manufacturing capacity across 25 factories amid the Versace integration; and a June 2025 equity investment contributing its tanneries Conceria Superior and Tannerie Limoges plus cash for a 10% minority stake in Rino Mastrotto Group to bolster supply chain control and sustainability. These moves enhance Prada's industrial platform, leather processing expertise and group portfolio complementarity in positioning and customer segments. Prada S.p.A. lists on the Hong Kong Stock Exchange under ticker 1913.
Company News
Andrea Guerra, Prada CEO, Says Craftsmanship Is ‘The DNA Of Everything'
Prada CEO Says the Chinese Luxury Consumer Today Is ‘Event-Driven'
Prada: Versace Is Hiding The Strength Of A Rare Luxury Compounder
Prada S.p.A. (PRDSY) Q2 2026 Earnings Call Transcript
Prada's Sales Grow in Volatile Market
Prada H1 revenue rises on strong Americas demand
'The Devil Wears Prada 2' kicks off summer movie season in style with $77 million opening
'Devil Wears Prada 2' Producer Finerman: Current movie business is the most difficult I've ever seen
Nostalgia Powers Big Debut for ‘The Devil Wears Prada 2'
Prada S.p.A. (PRDSY) Q1 2026 Sales/Trading Call Transcript
Prada Logs Higher Sales But Warns of Hit From Middle East War
‘The Devil Wears Prada 2' is here — but the glory days of magazines like Vogue are long gone
'The Devil Wears Prada 2' returns with fun, fashion and 'uncertainty of the moment'
Prada: Healthy Results, But Some Softening Visible
Prada S.p.A. (PRDSY) Q4 2025 Earnings Call Transcript
Prada plans to cut outlets and lower brands at Versace
Prada posts 8% organic revenue growth in 2025, margins dented by Versace deal
Prada Warns Versace Revamp Will Drag on Profitability
Prada layers winter jackets over light dresses at Milan show as Zuckerberg's presence fuels smart glasses talk
Prada: The Versace Impact Isn't All That Concerning