If you’re a fashion enthusiast, you’ve probably heard of the luxury brand Prada. Founded in 1913 by Mario Prada, the brand has become synonymous with high-end fashion and luxury goods. But have you ever wondered who owns Prada?
Prada Ownership
Prada is currently owned by the Prada Group, which is an Italian luxury fashion conglomerate. The group was founded in 1913 by Mario Prada and his brother Martino as a leather goods shop in Milan, Italy. Today, the Prada Group is one of the world’s leading players in the luxury goods industry.
Prada Group Brands
In addition to Prada, the Prada Group also owns several other high-end brands. Some of these brands include:
- Miu Miu: This is a women’s clothing and accessory line that was launched in 1993.
- Church’s: This is a British footwear brand that was acquired by the Prada Group in 1999.
- Car Shoe: This is an Italian brand that specializes in driving shoes.
- Pasticceria Marchesi: This is a Milan-based pastry shop that was acquired by the Prada Group in 2014.
The History of Prada
Prada was founded in Milan, Italy in 1913 by Mario Prada and his brother Martino. Initially, the store sold leather goods such as bags, trunks, and suitcases. In the 1970s, Miuccia Prada (Mario’s granddaughter) took over as head designer and began to revolutionize the brand.
Under Miuccia’s leadership, Prada shifted its focus from classic leather goods to high-end fashion. She introduced new materials and fabrics, as well as bold colors and prints. The brand quickly became known for its innovative designs and avant-garde approach to fashion.
Today, Prada is one of the most recognizable luxury brands in the world. Its products are sold in over 70 countries, and the brand has a loyal following of fashion enthusiasts.
Conclusion
In conclusion, Prada is owned by the Prada Group, which is an Italian luxury fashion conglomerate. The group also owns several other high-end brands, including Miu Miu, Church’s, Car Shoe, and Pasticceria Marchesi. With a rich history dating back to 1913, Prada has become a staple in the luxury goods industry and continues to be at the forefront of high-end fashion.