If you’re a fashion enthusiast, then you’ve probably heard of Prada – a luxury fashion brand that’s known worldwide for its high-end clothing, leather goods, and accessories. But have you ever wondered what group Prada is part of? Let’s dive in and find out!
Prada Group
Prada is part of the Prada Group, which is an Italian luxury fashion conglomerate. The group was founded in 1913 by Mario Prada and has since then grown to include various brands under its umbrella.
Brands under the Prada Group
The Prada Group includes several other high-end fashion brands besides Prada. These brands are:
- Miu Miu
- Church’s
- Car Shoe
- Marchesi 1824
Each brand has its own unique identity and Target audience. While Prada caters to sophisticated and refined customers, Miu Miu Targets younger fashion enthusiasts who love playful designs.
Ownership of the Prada Group
The Prada Group is privately owned by the husband-and-wife duo – Miuccia Prada and Patrizio Bertelli. They both jointly own 80% of the group while the remaining 20% is owned by Miuccia’s siblings.
The success of the Prada Group
The success of the Prada Group can be attributed to several factors. One major factor being their ability to adapt to changing market trends while still maintaining their signature style and quality. The group has also expanded into new markets such as Asia and has successfully captured a new audience.
Conclusion
In conclusion, if you’re a fan of luxury fashion, then it’s important to know that Prada is part of the Prada Group – an Italian luxury fashion conglomerate that includes several other high-end fashion brands. The group is owned by Miuccia Prada and Patrizio Bertelli and has successfully expanded into new markets while still maintaining their signature style and quality.