Prada reported higher revenue for last year after booming sales at its Miu Miu brand helped the Italian group escape a global decline in demand for luxury goods. For 2025, the company said it intends to deliver solid,

The acquisition could help Prada tap into Versace’s high-glam market, which in turn will improve Prada’s competitive position against luxury giants like LVMH and Kering. More importantly, it keeps an Italian Brand in Italian hands — something that hasn’t always been the case.

Prada has purchased the entire building at 150 New Bond Street in London, home to Miu Miu, which is undergoing refurbishment.

While neighboring luxury fashion houses face declining sales amid an industry-wide downturn, Miu Miu reports a record year with 93% retail growth, and Prada's sales chart 4% higher.

The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.

As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

The event on April 9 and 10 will explore themes of girlhood, love and sex education through the works of Simone de Beauvoir and Fumiko Enchi.

LONDON — Prada is the latest luxury group to give a vote of confidence to London’s New Bond Street, purchasing the building that houses the Miu Miu store for 250 million pounds. Prada has purc ...

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach