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.

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.

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

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.

Joanna Hogg’s film for Miu Miu Women’s Tales makes a lifetime of its pillowy protagonist.

Growth was reported across all its key markets and Miu Miu registered a record year, with retail sales soaring 93 percent.

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.

Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.View on euronews

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.

Prada 1913-0.29%decrease; red down pointing triangle 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 ...