Global Luxury Industry: Weekly Overview and Major Events

The luxury industry this past week has continued to grapple with the economic and consumer shifts that have defined the year, but with some notable brand-specific highlights and developments. The overarching theme remains a market slowdown, particularly in key Western markets, but with some brands and regions showing resilience. Key Financial and Market Insights Mixed … Read more

Miu Miu and Prada Icons Embraced by Gigi Hadid and Scarlett Johansson

Prada Group Unveils Handbag Marvels: Miu Miu’s Arcadie and Prada Galleria 2023 Edition. Calling all fashionistas and bag-lovers! Prada Group has something extraordinary in store for you. Prepare to be enthralled by the mesmerizing new handbags that have been revealed: the Miu Miu Arcadie and the Prada Galleria 2023 Edition. These exquisite creations will surely … Read more

Prada Group To Recruit Over 400 People by the End of 2023. Prada Academy will train over 200 of them

Prada Group announced a major plan to recruit over 400 people by the end of 2023, to strengthen its production capacity and craftsmanship expertise in Italy. The hires will further reinforce the Group’s strong industrial strategy, one of its distinct competitive advantages. The investment plan, designed to develop the luxury Group’s facilities and its commitment … Read more

This Blockchain Consortium announces best-in-class product traceability applied in the luxury sector

This new solution will provide complete transparency on luxury jewelry sourcing history Jewelry houses have the ability to implement a traceability solution based on blockchain technology. Aura Blockhain Consortium partners with Sarine Technologies Prada Group, founding member of Aura Blockchain Consortium, announces the integration of Sarine’s Diamond Journey, a worldwide leader in the development, manufacturing, … Read more

Prada and Ermenegildo Zegna acquire cashmere and noble yarns company

    Prada Group and Ermenegildo Zegna have always pursued direct control of the entire supply chain to ensure uncompromising quality at every stage of the production process. Prada Group and Ermenegildo Zegna Group announce the acquisition of the majority shareholding in Filati Biagioli Modesto S.p.A., a company based in Montale (Pistoia), which for over … Read more

Painted in Prada: Freja Beha Erichsen premieres Prada’s paint for Pre-Fall 2020

      Colorful clothes become pure color, color challenges the classic form of the photographs. Freja Beha Erichsen Fronts ‘Painted in Prada’ Pre-Fall 2020 campaign. The Pre-Fall 2020 Prada campaign is engineered to react to a changing world, reflecting a fusion of the human hand and eye with technology – each equally important, a … Read more