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Prada's brand CEO Gianfranco D'Attis to quit

Prada's brand CEO Gianfranco D'Attis will leave the Italian luxury firm at the end of the month by "mutual agreement".

Today's merger strengthens Italy's hand in a luxury industry led by French conglomerates

Italy's Prada agrees to buy fashion rival Versace

Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion.

Business • 10 Apr

Prada has been defying a slowdown in luxury demand and outperforming many of its peers

Prada profit surges 21% amid speculation over Versace bid

Italian luxury group Prada has today reported 21% growth in operating profit last year, in line with analysts' forecasts, amid speculation about a potential acquisition of smaller rival Versace.

Business • 04 Mar

Prada moves nearer to $1.6 billion deal for Versace

Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly €1.5 billion, Bloomberg News has reported.

Business • 03 Mar

Reports suggest that Prada is among potential suitors examining the acquisition of fashion group Versace

Prada among suitors looking at Versace - reports

Italy's Prada is among potential suitors examining the acquisition of fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported today.

Business • 10 Jan

The sales growth at Miu Miu exceeded the group's expectations

Prada's third quarter revenues rise 18%

Third-quarter net revenues for Prada rose 17.7% at constant exchange rates, driven by double-digit retail sales growth in Asia and Europe and the doubling of sales at the smaller Miu Miu brand, the Italian luxury group said today.

Business • 30 Oct 24

Prada is expecting a positive surprise this year from the US market for the luxury sector

Prada sees 'positive surprise' from US, CEO says

Italian luxury group Prada is not looking at big acquisitions as it is focused on the brands it already owns, its chief executive Andrea Guerra said today.

Business • 20 May 24

Flagship label Prada's retail sales grew by 7% in the first three months of 2024

Prada's sales up 16% in first quarter as Miu Miu shines

Revenues at Italian luxury group Prada rose by 16% at constant exchange rates in the first quarter, driven by a jump in Miu Miu sales and continued growth in Asia.

Business • 24 Apr 24

Prada is listed on the Hong Kong stock market

Prada revenues rise despite struggles in Americas

Italian fashion group Prada has today reported a 10% rise in third quarter revenues as a strong performance in Asia and Europe helped to compensate for weakness in the Americas.

Business • 31 Oct 23

The Axiom Space Artemis III Lunar Spacesuit

Prada and Axiom Space team up to design spacesuits

Italian luxury group Prada and Texas-based startup Axiom Space said they will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025.

Business • 06 Oct 23

Prada's engineers will work alongside the Axiom Space systems team

Prada and Axiom Space to design NASA's lunar spacesuits

Italian luxury group Prada and Texas-based startup Axiom Space will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025, the two companies said today.

Business • 04 Oct 23

The Hong Kong-listed group was founded in Milan in 1913 as a leather goods shop by designer Miuccia Prada's grandfather and his brother

Prada to name former Luxottica chief Guerra as new CEO

Italian fashion group Prada confirmed today that it would name former Luxottica chief Andrea Guerra as its new chief executive officer to ease a transition at the helm to the next generation of the founding family.

Business • 06 Dec 22

No representative from the Prada stores at Kildare Village appeared in order to defend the claims

Worker claims Prada store reneged on part-time promise

A trainee teacher says the international fashion house Prada reneged on a promise to let her switch to part-time hours at its Kildare Village store when time came for her to do her seven-week school placement last year.

Business • 19 Jul 22

Prada said group sales last year rose by 41%

Prada's 2021 sales bounce back above pre-Covid levels

Sales at Italian fashion group Prada bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the company said today.

Business • 18 Jan 22

Italy's largest luxury group could be approaching pre-pandemic levels as early as the current year

Prada expects sales to grow to up to €3.1bn this year

Italian fashion group Prada expects revenues to grow to between €2.9-3.1 billion this year after a pandemic-driven fall to €2.42 billion in 2020, CEO Patrizio Bertelli said.

Business • 11 Mar 21

Prada said its new products and robust demand from Chinese consumers helped to pull it out of a 'grey area'

Prada shares soar 20% as firm returns to sales growth

Shares in Prada surged 20% today after the Italian luxury goods maker said it had stemmed a slide in sales in the second half of 2017 and it expected to see growth continue this year.

Business • 12 Mar 18

Revenue for Prada's half year was down 5.5%

Prada's profits fall, warns revamp taking longer

Italian fashion house Prada has reported a sharp drop in first-half profits and warned it would take longer than expected to turn the ailing company around.

Business • 08 Sep 17