Prada will make a limited-edition collection of sandals in India inspired by the country's traditional footwear, selling each pair at around 800 euros ($930), Prada senior executive Lorenzo Bertelli told Reuters, turning a backlash over cultural appropriation into a collaboration with Indian artisans.
Versace's creative director Dario Vitale is leaving the brand after only months in the role, the Italian fashion company said on Thursday.
Prada S.p.A. is rated a solid Buy, offering superior growth and a cheaper valuation than luxury peers despite recent market skepticism. Key uncertainties include the Versace acquisition's integration, given Versace's stagnant revenue and operating losses, but successful turnaround could unlock significant value. Miu Miu's explosive growth—41% YoY in nine months—offsets Prada's modest brand decline and demonstrates management's brand-building capabilities.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Mr. Andrea Guerra CEO | OTC PINK Exchange | IT0003874101 ISIN |
| IT Country | 15,216 Employees | 8 May 2025 Last Dividend | - Last Split | - IPO Date |
Prada S.p.A., a prestigious entity in the luxury goods industry, stands out for its meticulous craftsmanship and innovative designs in leather goods, footwear, and ready-to-wear products. With a rich heritage dating back to 1913, the company has made its mark globally under the visionary leadership of its founders. Headquartered in Milan, Italy, Prada has expanded its reach worldwide, operating through a mix of owned and franchised stores, alongside strong e-commerce platforms, department stores, independent retailers, and e-tailers. The company is a subsidiary of Prada Holding S.p.A., showcasing a robust corporate structure that supports its international operations and upholds its heritage of luxury and excellence.
Prada S.p.A. offers a diverse range of products and services across multiple sectors under distinct brand names, each with its unique identity and market positioning: