Prada is a world-renowned luxury fashion brand that has been making waves in the industry for more than a century. Known for its exceptional quality and innovative designs, Prada has become one of the most coveted brands in the fashion world.
But have you ever wondered who is behind this iconic brand? Who is the owner of Prada?
Well, the answer to that question is not as straightforward as you might think. Prada was founded in 1913 by Mario Prada, but it wasn’t until his granddaughter, Miuccia Prada took over the company in 1978 that it became the global powerhouse that it is today.
Miuccia Prada was born in Milan, Italy, in 1949 and initially had no plans to join her family’s business. Instead, she earned a Ph.D. in political science and even worked as a mime before eventually taking over as head designer at Prada.
Under Miuccia’s leadership, Prada has become known for its minimalist yet striking designs that push boundaries and challenge traditional fashion norms. She has also expanded the brand’s offerings beyond just clothing to include accessories like handbags and shoes.
But while Miuccia is undoubtedly the creative force behind Prada’s success, she does not own the company outright. In fact, Prada is now publicly traded on the Hong Kong Stock Exchange and controlled by a holding company called Prada Holding BV.
Prada Holding BV is owned by Miuccia and her husband Patrizio Bertelli, who serves as CEO of the company. The couple met when Bertelli was hired to handle Prada’s leather goods division in the 1970s and have been working together ever since.
Together, Miuccia and Patrizio have led Prada through numerous challenges and triumphs over the years. They have expanded the brand’s reach into new markets like China while maintaining its reputation for quality and innovation.
In conclusion, while Prada was originally founded by Mario Prada, it is now owned by a holding company controlled by Miuccia Prada and her husband Patrizio Bertelli. Their vision and leadership have been instrumental in making Prada the iconic brand that it is today.