World Footwear

Companies

Prada acquires Fratelli Prada

Nov 4, 2019 Italy
Prada acquires Fratelli Prada
Prada SpA bought Fratelli Prada, the company owner of the four Prada-branded stores in Milan. The deal should amount to 66 million euros
It is being reported that the Prada group bought the company Fratelli Prada for 66 million euros.

The operation will allow the Italian luxury group to directly control four Prada stores in Milan, which are operated by Fratelli Prada through a franchise agreement.

Among the stores involved in the acquisition is the iconic Galleria Vittorio Emanuele II flagship, where Prada was founded in 1913.

The deal is expected to be completed by 2021.


Related Events

  • Jun
    16
    Jun 16-Jun 19, 2020 | Florence, Italy

    Pitti Immagine Uomo

  • Jun
    20
    Jun 20-Jun 22, 2020 | Florence, Italy

    Pitti Immagine Bimbo

  • Jun
    26
    Jun 26-Jun 28, 2020 | Florence, Italy

    Pitti Immagine Filati

  • Sep
    20
    Sep 20-Sep 23, 2020 | Milan, Italy

    MICAM Milano

Related Organizations

  • Salvatore Ferragamo Museum

    Salvatore Ferragamo Museum

    Italy
  • Footwear Anatomy Laboratory

    Footwear Anatomy Laboratory

    Italy
  • International Footwear Museum of Vigevano

    International Footwear Museum of Vigevano

    Italy
  • Milan Fashion Campus - Fashion Style Academy

    Milan Fashion Campus - Fashion Style Academy

    Italy