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Prada heir to head Versace after buy-out

Lorenzo Bertelli, the son of designer Miuccia Prada, said Wednesday he will become executive chairman of Versace following the Prada Group's takeover of its smaller Italian rival. Prada announced in April it was buying Versace from US group Capri Holdings for 1.25 billion euros (1.4 billion dollars). Bertelli, currently Prada's group chief...

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Business

Prada Group retail sales grow by 9 percent in first nine months of 2025

Prada S.p.A. reported net revenues of 4.07 billion euros in the first nine months of the year, an increase of 9 percent year-over-year at constant exchange rates. This marks the group's 19th consecutive quarter of growth. According to data reviewed and approved today by the Prada S.p.A. board of directors, retail sales amounted to 3.65 billion...

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