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Via Fogazzaro 28 20135 Milan, Italy Tel. +39-0254-1921 |
Type: Private
On the web:
http://www.prada.com
The Prada Group wants its customers to either shop for their products til they drop, or go broke trying. The company's success was born from the marriage of Miuccia Prada and Patrizio Bertelli and their leather goods and manufacturing businesses. Prada sells upscale apparel, shoes, fragrances, and accessories for men and women, as well as its less-pricey Miu Miu apparel line. The company operates more than 200 stores worldwide. With the devil being in the details, Prada has delayed multiple attempts to go public. Prada sold its Jil Sander business to Change Capital Partners in 2006 and its Helmut Lang operation to Link Theory Holdings. Prada boasts a Netherlands-domiciled parent company, Prada Holding N.V.
Key numbers for fiscal year ending December, 2008:
Sales: $2,325.7M
One year growth: (4.8%)
Officers:
CEO: Patrizio Bertelli
COO; Interim President and Interim CEO, USA: Sebastian Suhl
Director Administration and Finance: Donatello Galli
Competitors:
Christian Dior
Gucci
LVMH
