Famed Milanese pastry business bought by Prada. Investing in upmarket gourmet snacks is the trend these days. Cavalli Caffès around the world and Gucci cafés in Florence, Milan, and Tokyo, will have a rival. Special branded Prada Café will open its doors this season. As part of the Prada’s wider expansion policy in Milan, … Read more
Coty to build a worldwide fragrance business for Miu Miu Miu Miu‘s first entree into the world of prestige fragrances was announced by Coty and Prada Group. The two companies signed an exclusive partnership to create, develop and distribute a signature line of fragrances under the Miu Miu name. Created in 1993, Miu Miu – … Read more
Michele Ferrero, Leonardo Del Vecchio and Giorgio Armani top the list of Italian billionaires Top 10 Wealthiest Italians The collective wealth of the top 10 wealthiest Italians stands at US$88 billion, which comprises 40% of the combined net worth of the Italian UHNW population. In particular, fashion moguls constitute half the list and represent … Read more
Prada’s Luna Rossa maxi catamaran Miuccia Prada and Patrizio Bertelli, the famous power couple of yachting enthusiasts, officially launched the latest addition to Luna Rossa sailing team. The new €40 million luxury yacht will compete in historic sailing race, the America’s Cup, which will take place in San Francisco in 2013, proving that sailing has always … Read more
With the occasion of Milan Fashion Week, Patrizio Bertelli, CEO of PRADA announced his company will set up a training school for youngsters wishing to pursue craftsmen careers and become artisans. The training school which will be launched in 2012 is a continuation of Prada’s continuous efforts to maintain the unique Italian craftsmanship, as a … Read more