Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will help double…
Prada seeks $1 billion valuation in Milan listing – Bloomberg News
(Reuters) – Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early preparations, Bloomberg…
Prada weighs dual listing in Milan, but says not a priority
By Claudia Cristoferi and Silvia Aloisi MILAN – A secondary listing in Milan is a possibility, but not a priority for Hong Kong-listed Italian luxury group Prada, its chairman said on Thursday,…
Prada appoints new chief business development officer
ROME – Italy’s Prada said it had appointed Roberto Massardi as the luxury group’s chief business development officer at a time when the fashion group looks to expand its business after the…
Prada CEO says first 4 months strong despite Russia, China – paper
MILAN – Italian luxury group Prada posted strong results in the first four months of the year as its U.S. business offset the impact of suspending operations in Russia and coronavirus lockdowns…
Prada confirms targets after ‘strong start’ to 2022
MILAN – Italy’s Prada confirmed its medium-term growth targets after “a strong start” to 2022, though the luxury group said the war in Ukraine would make any predictions uncertain. Earlier this month,…
Italy’s Prada says it is suspending retail operations in Russia
MILAN – The Milan-based luxury group Prada has suspended its retail operations in Russia, it said in a statement on Saturday, following a slew of other leading brands who have already announced…
Prada appoints ESG experts Culpepper and Rugarli to board
ROME – The shareholders’ meeting of Prada appointed on Friday environmental, social and governance (ESG) experts Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors to its board, the Italian fashion…
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