On June 5, 2025, Italian luxury house Prada Group announced a strategic equity investment in Rino Mastrotto, a major player in the leather tanning industry.
Tag: Prada Group
On April 30, Italy’s Prada Group, which centers around its flagship brands Prada and Miu Miu, announced net revenues of €1.341 billion for the first quarter of 2025 (January–March), marking a 13% year-over-year increase.
On April 10, Prada Group officially announced that it has reached a definitive agreement to acquire the Italian luxury brand Versace from U.S.-based Capri Holdings.
On October 30, 2024, Prada Group, based in Milan, announced it had achieved a remarkable 18% year-over-year increase in net revenue for the nine months ending September 30, defying the prevailing downturn in the luxury market.