Prada is a luxury fashion brand that has been around since 1913. It is known for its high-end clothing, accessories, and handbags.
However, there have been concerns about the wages that Prada pays its workers. In this article, we will take a closer look at how much Prada pays their workers.
Prada’s History
Prada was founded by Mario Prada in Milan, Italy. It started as a leather goods shop and eventually expanded to include clothing and accessories. Today, Prada is one of the most well-known luxury brands in the world.
Prada’s Workforce
Prada has a global workforce of over 13,500 employees. The majority of these employees work in retail stores and factories located in Italy and other parts of Europe. Additionally, Prada has factories in Asia where they produce some of their products.
Prada’s Wages
There have been concerns over the years about the wages that Prada pays its workers. In 2016, it was reported that some workers at Prada’s factory in Tuscany were making as little as €1 an hour ($1.17 USD). This sparked outrage among labor rights activists who pointed out that this was well below the minimum wage in Italy.
However, it’s worth noting that Prada has taken steps to improve the wages of its workers. In 2018, they announced that they would be increasing the minimum wage for their factory workers in Italy to €1,700 per month (about $1,970 USD). This is significantly higher than the national minimum wage in Italy which is €1,260 per month (about $1,460 USD).
Conclusion
While there have been concerns about the wages that Prada pays its workers in the past, it’s clear that they are making an effort to improve the situation. By increasing the minimum wage for their factory workers in Italy, they are setting a new standard for other luxury brands to follow. It’s important for consumers to be aware of the wages that the brands they support pay their workers, and to hold these brands accountable if they are not meeting basic labor standards.