Turnover: 4.1 billion EUR (2022)

Country: Italy

Prada is a luxury Italian fashion house specializing in leather handbags, travel accessories, shoes, ready-to-wear, perfumes and other fashion accessories, founded by Mario Prada in 1913.

Prada is a brand of the Prada Group, which also includes Miu Miu, Church's, The Original Car Shoe and a café in Milan.

News

Fashion: how Prada reinvents itself 13/01/2024

  • Prada was founded in 1913 by brothers Mario and Martino Prada.
  • By 2023, Prada's retail sales have increased by 13% compared to 2022.
  • The luxury goods market is expected to see around 40% of its global sales absorbed by China by 2030, according to Bain & Company.
  • Prada created its own foundation in 1995, which is located in Milan.

Prada, Milanese realism that keeps pace with the luxury giants 13/03/2023

  • Sales up 25% to €4.2 billion
  • Above-market growth
  • The Italian brand saw its profits soar by 58% last year, to €465 million - strong sales growth in Europe and the United States more than offsetting a slowdown in China

Luxury: smooth transition at the head of Prada 02/01/2023

  • Prada achieved sales of over 3.3 billion euros in 2021 and has over 627 stores in 70 countries.
  • It recorded heavy losses during the pandemic, before making a strong recovery in 2021
  • The independent Italian luxury group also owns Miu Miu

Financial Data

DUNS: 330730078

Legal Name: PRADA RETAIL FRANCE

Address: 18 AV MATIGNON DU 18 AU 20, 75008 PARIS 8

Number of employees: Entre 250 et 499 salariés (2020)

Capital: 4 000 000 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016
Turnover 185 911 117 96 083 910 75 428 136 119 738 844 119 746 644 102 069 098 169 903 650
Gross margin (€) 113 851 763 77 397 812 71 053 568 93 248 214 98 959 427 86 003 951 -
EBITDA (€) 13 061 017 8 281 304 5 805 047 6 469 626 5 330 743 6 778 232 -
Operating profit (€) 6 074 600 4 005 947 -1 842 676 3 032 542 3 055 209 2 461 682 -
Net profit (€) 2 364 984 869 669 -5 894 024 1 103 611 792 706 276 282 2 146 101
Turnover growth rate (%) 93,5 27,4 -37 - 17,3 -13,9 -
Ebitda margin rate (%) 7 8,6 7,7 5,4 4,5 6,6 -
Operating margin rate (%) 3,3 4,2 -2,4 2,5 2,6 2,4 -
Working Capital (turnover days) 76,5 136,2 177 104,6 95,3 142,8 -
Working Capital requirements (turnover days) 100 236,6 253 166,3 168,3 161,5 -
Net margin (%) 1,3 0,9 -7,8 0,9 0,7 0,3 -
Added value / Turnover (%) 26,8 38,4 43,8 36 36,8 38,2 -
Wages and social charges (€) 34 682 481 26 906 058 25 396 322 34 412 102 36 988 729 32 894 865 -
Salaries / Turnover (%) 18,7 28 33,7 28,7 30,9 32,2 -

Company Managers:

Position First Name Last Name Age Linkedin
Directeur Général Emmanuel, Jean, Michel, Marie Huet 46
Administrateur Mara Brognoli 53

Studies mentioning this company

The footwear market - Italy

Other companies mentioned:

The luxury leather goods market - Italy

Other companies mentioned:

The luxury women's clothing market - Italy

Other companies mentioned:

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