Is Prada Owned by Adidas?

Prada and Adidas are two of the most recognizable names in the fashion industry. While they are both known for their unique and stylish designs, many people have wondered if there is a connection between these two companies. One common question that often comes up is whether Prada is owned by Adidas or not.

Prada Overview

Prada is an Italian luxury fashion house that was founded in 1913 by Mario Prada. The company started as a leather goods store in Milan, but it quickly expanded to include high-end clothing, accessories, and footwear. Today, Prada is one of the most prestigious fashion brands in the world, known for its innovative designs and impeccable quality.

Adidas Overview

Adidas is a multinational corporation that was founded in Germany in 1949. The company specializes in sportswear and athletic footwear, but it also offers a range of other products such as bags, watches, and eyewear. Adidas is one of the largest sportswear manufacturers in the world and has a strong global presence.

The Connection Between Prada and Adidas

Despite their different areas of expertise, Prada and Adidas do have a connection: they collaborated on a limited-edition collection back in 2019. The collection combined Prada’s luxurious aesthetic with Adidas’ sporty style, resulting in unique pieces such as bowling bags made from calf leather and nylon.

However, it’s important to note that this collaboration does not mean that Prada is owned by Adidas. The two companies remain separate entities with their own distinct identities.

The Ownership of Prada

So who actually owns Prada The answer lies with the founding family: Miuccia Prada and her husband, Patrizio Bertelli, own 80% of the company. The remaining 20% is owned by Carlo Mazzi, who is the chairman of Prada’s board of directors.

Conclusion

In conclusion, while Prada and Adidas did collaborate on a special collection in 2019, there is no ownership connection between these two fashion giants. Prada remains an independent company owned by the founding family and a board member. The collaboration was simply a creative partnership that resulted in some unique and stylish products.