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Prada Group Reports 15% Revenue Growth in First Nine Months of 2026

Ut World October 22, 2026 0

Prada Group reported net revenue of €4.54 billion for the first nine months of 2026, marking a 15% increase at constant exchange rates and 12% on a reported basis compared with the same period last year. Organic growth stood at 4%, excluding Versace’s contribution and currency effects. In the Continue Reading

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

Ut World March 5, 2026 0

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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Versace Unveils Vibrant SS26 Collection Under Dario Vitale

Ut World September 30, 2025 0

Versace debuted its highly anticipated Spring/Summer 2026 collection last Friday at Milan’s Pinacoteca Ambrosiana, transforming the venue into an intimate, residence-like setting. Under the creative direction of Dario Vitale, formerly of Miu Miu, the collection avoided heavy reliance on the brand’s iconic history, instead embracing fresh, contemporary energy. The runway Continue Reading

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Prada Acquires Versace for $1.4 Billion, Marking Historic Italian Fashion Merger

Ut World April 11, 2025 0

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