Prada news and archive

Prada terminates 222 suppliers over compliance violations

Prada has cut ties with 222 suppliers for compliance violations over the past five years. This follows a “zero tolerance” audit in response to allegations of labour abuses in the fashion supply chain. The data was provided by Prada and reported by the British newspaper, the Financial Times. The company confirmed this to FashionUnited. Since...

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Fashion

Call for transparency, archival references and co-ed formulas at Milan Fashion Week

Milan Men’s Fashion Week, showcasing autumn/winter 2026–27 collections, concluded today with digital presentations as the city shifts focus to women’s fashion week, scheduled for February 24–March 2. The season delivered solid, well-executed collections, though few breakthroughs. Designers largely turned to brand archives, refining established...

Fashion

Milan Fashion Week showcases precision in uncertain times

In an increasingly unpredictable world, men are searching for comfort and clarity -- at least in their fashion choices, according to designers in Milan this week. At Prada, Armani or Ralph Lauren, the US stalwart brand that returned to Milan Fashion Week, classic pieces underwent just slight variations without losing their comforting aspect. "We...

People

Aura Blockchain Consortium welcomes Marcel Härtlein as new chief executive

Aura Blockchain Consortium, the non-profit organisation founded in 2021 by LVMH, OTB Group, Prada Group and Cartier (part of the Richemont group), has officially announced the appointment of Marcel Härtlein as chief executive officer and secretary general. The executive takes over the operational leadership of the consortium with the aim of...

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People

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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Retail

Prada partners with Indian corporations for Kolhapuri chappal project

In a significant collaboration aimed at celebrating and globalizing Indian craftsmanship, the luxury fashion house Prada has signed a Memorandum of Understanding (MoU) with two key state-owned Indian government corporations: LIDCOM (Sant Rohidas Leather Industries and Charmakar Development Corporation Ltd) and LIDKAR (Dr. Babu Jagjivan Ram...

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Business

Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions. Milan prosecutor Paolo Storari issued requests for information about alleged abuses by the brands,...

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Business

Italy's luxury brands shaken by sweatshop probes

A series of investigations into exploitative work conditions within fashion subcontractors has roiled Italy's luxury industry, with the government decrying attacks on "Made in Italy". Five fashion brands have been put under court administration since 2024 following probes by Milan prosecutors that uncovered worker abuses and a lack of oversight...

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Business

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...

People

Prada heir to head Versace after buy-out

Lorenzo Bertelli, the son of designer Miuccia Prada, said Wednesday he will become executive chairman of Versace following the Prada Group's takeover of its smaller Italian rival. Prada announced in April it was buying Versace from US group Capri Holdings for 1.25 billion euros (1.4 billion dollars). Bertelli, currently Prada's group chief...

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Business

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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Business

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...