Agenda-setting intelligence, analysis and advice for the global fashion community.

Inside Prada’s Best Year in Business

The Milanese group, which also owns Miu Miu and Church’s, leveraged a partnership between Miuccia Prada and Raf Simons to generate record sales. A Thursday presentation gave investors a first peek at Prada’s future plans under new leadership.

Models walk the runway for Prada's Spring/Summer 2023 show. — Models walk the runway at Prada's Milan Fashion Week show on September, 2022. (Prada)

Robert Williams

09 March 2023

BoF PROFESSIONAL

Prada Group’s annual revenues rose 21 percent to €4.2 billion euros ($4.4 billion) in 2022, hitting their highest level ever after a multi-year turnaround effort, the Milanese group said Thursday. Operating profit jumped 59 percent to €776 million.

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A Plea for Compassion at Prada

The latest collection from Miuccia Prada and Raf Simons was an emotional elevation of the everyday, writes Tim Blanks.

Why Prada Is Hiring a New CEO

Patrizio Bertelli and Miuccia Prada are stepping down as the group’s co-CEOs, passing the reins to former Luxottica chief Andrea Guerra and hiring a new leader for their flagship Prada brand.