If you’re a fashion enthusiast, you’re probably familiar with the name Prada. Known for its luxurious fashion products, Prada has been a prominent brand in the fashion industry for decades.
However, there has been some confusion regarding the ownership of the brand. In this article, we’ll answer the question – Is Prada Under LVMH?
Firstly, let’s understand what LVMH is. LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that owns over 70 prestigious brands including Louis Vuitton, Dior, Fendi, and Givenchy. With such an extensive portfolio of luxury brands under its umbrella, it’s no surprise that people often wonder if Prada is one of them.
To clear things up – No, Prada is not under LVMH. It’s a standalone company founded by Mario Prada in Milan in 1913. The brand started as a small leather goods shop but gradually expanded to become one of the leading luxury fashion brands in the world.
Prada is currently owned by Miuccia Prada and Patrizio Bertelli who are both co-CEOs of the company. Miuccia Prada is also the head designer and creative director of the brand.
Despite not being under LVMH, Prada has collaborated with some of its brands in the past. For instance, in 2001, Prada collaborated with Dior to create an exhibition called “The Impossible Wardrobe”. The exhibition showcased clothes and accessories from both brands’ collections and was displayed at London’s Victoria & Albert Museum.
In conclusion, while LVMH owns several prestigious luxury brands like Louis Vuitton and Dior, it does not own Prada. Instead, Prada remains an independent company led by its co-CEOs Miuccia Prada and Patrizio Bertelli.
Summary
- Prada is an independent luxury fashion brand founded by Mario Prada in Milan in 1913.
- LVMH is a French multinational luxury goods conglomerate that owns over 70 prestigious brands including Louis Vuitton and Dior.
- Prada is not owned by LVMH, but the two brands have collaborated in the past.
- Miuccia Prada and Patrizio Bertelli are co-CEOs of Prada.
FAQs
Does LVMH own any other luxury fashion brands?
Yes, LVMH owns over 70 prestigious luxury brands including Louis Vuitton, Dior, Fendi, and Givenchy.
Who owns Prada?
Prada is currently owned by Miuccia Prada and Patrizio Bertelli who are both co-CEOs of the company.
Has Prada collaborated with any other fashion brands?
Yes, Prada has collaborated with several fashion brands in the past including Adidas, LG Electronics, and more recently Raf Simons.
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