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Prada Argilla Gray Saffiano Lux Leather Large Satchel Handbag 1BA228

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The history of Prada begins in 1913, when Mario Prada, together with his brother Martino, opens a very elegant boutique in the Galleria del Duomo in Milan. The shop sign reads “Fratelli Prada”. From the window you can see suitcases, trunks, travel bags, evening bags, walking sticks and jewelry boxes.

Maria Bianchi, aka Miuccia Prada, was born in Milan on May 10, 1948 and is the youngest granddaughter of Mario Prada, founder of the company.

She, together with her husband Patrizio Bertelli, has led and transformed what was a family business into one of the most famous and important fashion houses in the world.

Miuccia Prada graduated in Political Science and in 1978 she also obtained her PhD. Also in 1978, he inherited the reins of the company from his mother.

"I make my own salary, which is great for a woman."

Miuccia and Patrizio Bertelli got married in 1987.

From a professional point of view, the designer's creativity, combined with Bertelli's entrepreneurial skills, led the brand to re-emerge from the stalemate with a series of innovative bags and accessories, and an adequate advertising campaign.

The first fashion show of the brand takes place in 1988.

"When I started out, everyone hated what I was doing, except for a very few brilliant people. Because it wasn't a style for the more classics, it still had something that bothered them. But not even for the super trendy and avant-garde, who considered it too classic. I like moving around in that space, never pleasing anyone."

MIUCCIA PRADA

MIUCCIA PRADA

Prada riceve il - Premio Leonardo - dal Presidente Scalfaro 1998

Miuccia Prada receives the "Leonardo Award" from President Scalfaro | 1998

The Times Magazine 2012 21/04/12 Miuccia Prada

The Times Magazine 21/04/12 Miuccia Prada

Five years later, in 1992, Miuccia Prada founded Miu Miu, with which she distributed more experimental and modern women's clothing, aimed at a younger audience.

In the same year, the first Prada Men's collection was also released. 

"Basically, I'm trying to make men more sensitive and women stronger."

In 1997 the first Prada Sport collection.

On 11 October 1999 it acquired 75.3% of the shares of the English company Church's for 106 million pounds, becoming its majority shareholder; Prada bought the English brand definitively in 2006.

In 1993 Miuccia Prada received, among other recognitions, the International Award from the "Council of Fashion Designers of America", in 1998 she received the Leonardo Qualità Italia Award and in 2007 the Wallpaper Design Award.

“I started thinking about people. People are the most important thing. I wanted to think more about a person's style than fashion."

Miuccia Prada is considered by Time Magazine to be the second most powerful woman in the world in fashion and Forbes counts her among the twenty richest moguls in the fashion industry.

“You can't do something just for the money. You have to do the things you believe in and you will eventually make money. "

Since 2000 Prada has been the official sponsor of Luna Rossa, a sailboat that takes part in the America's Cup and has launched a line of eyewear, Prada Eyewear, on the market.

"You have to embrace the world if you want to live in it now."

In 2007 the Prada Phone was launched, a mobile phone born from the collaboration between the Prada brand and LG Electronics, a product that is placed in the high end of the market.

In 2009, the second generation of the LG Prada mobile phone (KF900) was launched in Europe, which can be connected to the brand's watches equipped with a Bluetooth device.

"We all want to represent something."

In 2009, the Prada Group listed on the financial markets, listing on the Hong Kong stock exchange and selling 20% ​​of the shares, with a dowry of approximately 2.14 billion dollars.

“What you wear is your way of presenting yourself to the world, especially today that we live in an age where human contact is so rapid. Fashion is an instantaneous language”.

In 2010, it further expanded its brand portfolio with the acquisition of Antonio Moretti's Car Shoes.

“When people ask me how I can be elegant and well dressed, I say 'study! Study fashion, study film, study art and then study yourself. Be yourself and this question will never arise again."

The opening of the permanent headquarters of the Prada Foundation in Milan in May 2015, which joins that of Ca' Corner della Regina in Venice in 2011, confirms its role as a cultural institution.

Prada Miniborse Peonia Pink Vitello Move Leather Crossbody Chain 1BP021
Prada Amber by Prada for Women Eau De Parfum Spray, 2.7 Ounce
Miuccia Prada e l’ Outstanding Achievement award ai The Fashion Awards 2018

Miuccia Prada winner of Outstanding Achievement award on stage with Steve McQueen and Uma Thurman during The Fashion Awards 2018 In Partnership With Swarovski at Royal Albert Hall on December 10, 2018 in London, England. (Photo by Joe Maher/BFC/Getty Images) 

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Miuccia Prada winner of Outstanding Achievement award on stage with Steve McQueen and Uma Thurman during The Fashion Awards 2018 In Partnership With Swarovski at Royal Albert Hall on December 10, 2018 in London, England. 

In Miuccia Prada the British Fashion Council has recognized the original pioneering approach for having been able to mix different creative disciplines such as fashion, art, architecture and cinema from the beginning, as well as an incredible non-conformity and an extraordinary vision of the world of fashion, an inexhaustible source of inspiration.

In 2019, THE PRADA GROUP ACQUIRED FRATELLI PRADA S.P.A.

The Prada Group consolidates full control of the retail network by acquiring Fratelli Prada S.p.A., the historic franchisee of the Prada mono-brand stores in Milan.

"For me it's important to anticipate where fashion is going."

On December 12, 2019, Prada S.p.A. and L'Oréal – international leader in the world of beauty – have signed a multi-year licensing agreement for the creation, development and distribution of luxury cosmetic products under the Prada brand. This agreement will allow the two companies to combine their respective expertise in each of the sectors in which they operate. The license agreement is effective as of January 1, 2021.

The Prada Group closes 2022 with “excellent” results, says Executive Director Patrizio Bertelli, “thanks to the strength of our brands, the strengthening of our customer relationships and the careful execution of the strategy”.

In 2022 net revenues amounted to 4.2 billion euros, an increase of 21% at constant exchange rates compared to 2021. The figure beat the expectations of analysts who stood, according to the Bloomberg consensus, at 4.01 billion. Net profit was also above expectations (465 million).

“I like that life is spent, for better or for worse, doing something meaningful. Maybe the only thing I'm afraid of is boredom."

Gabriele Felice, founder and owner of Italian Store World
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Gabriele Felice