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

  • Dec
    11
    Dec 11-Dec 14, 2020 | Riva del Garda, Italy

    Gardabags

  • Dec
    11
    Dec 11-Dec 14, 2020 | Riva del Garda, Italy

    Expo Riva Schuh

  • Feb
    24
    Feb 24-Feb 26, 2021 | Milan, Italy

    Lineapelle

  • Jun
    12
    Jun 12-Jun 15, 2021 | Riva del Garda, Italy

    Expo Riva Schuh

Related Organizations

  • International Footwear Museum of Vigevano

    International Footwear Museum of Vigevano

    Italy
  • Milan Fashion Campus - Fashion Style Academy

    Milan Fashion Campus - Fashion Style Academy

    Italy
  • CIMAC - Italian Centre for Footwear Application Materials

    CIMAC - Italian Centre for Footwear Application Materials

    Italy
  • European Fashion Designers Association

    European Fashion Designers Association

    Italy