November 3, 2026
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Prada Group Reports €5.7 Billion Revenue in 2025, Strengthens Portfolio with Versace Acquisition

The Prada Group delivered strong financial performance in 2025 despite a challenging global luxury market, reporting net revenue of €5.718 billion. The Milan-based fashion giant recorded a 9% year-on-year increase at constant exchange rates and 8% organic growth, marking its 20th consecutive quarter of expansion. The group—home to brands including Prada, Miu Miu, Church’s, Continue Reading
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Prada’s ‘Antiqued Leather Pumps’ Spark Fresh Cultural Appropriation Debate Over Punjabi Juttis

Weeks after facing backlash over its Kolhapuri sandal-inspired designs, luxury fashion house Prada is once again under scrutiny — this time for a $1,450 pair of shoes resembling the traditional Punjabi jutti. Marketed as part of the brand’s fall collection, the pointed, slip-on pumps have caught the attention of Indian fashion observers who quickly noted […]Continue Reading
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Prada Acquires Versace for $1.4 Billion, Marking Historic Italian Fashion Merger

In a landmark move for the global fashion industry, Italian luxury powerhouse Prada has confirmed the acquisition of iconic fashion brand Versace from U.S.-based Capri Holdings in a cash deal worth approximately $1.4 billion. The acquisition, the largest in Prada’s 112-year history, restores Versace to Italian ownership and significantly bolsters Prada’s position in the Continue Reading