Patrizio Bertelli news and archive

Prada Group retail sales grow by 9 percent in first nine months of 2025

Prada S.p.A. reported net revenues of 4.07 billion euros in the first nine months of the year, an increase of 9 percent year-over-year at constant exchange rates. This marks the group's 19th consecutive quarter of growth. According to data reviewed and approved today by the Prada S.p.A. board of directors, retail sales amounted to 3.65 billion...

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Patrizio Bertelli confirms Lorenzo Bertelli as future CEO

In an interview with Harper's Bazaar on August 27, Patrizio Bertelli, chairman of Prada Group, confirmed that his son Lorenzo will take the reins of the family business. Since 2024, Lorenzo Bertelli has held the role of chief marketing officer and head of corporate social responsibility at Prada Group. He is responsible for both the group's...

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Business

Prada acquires ten percent of Rino Mastrotto Group

Rino Mastrotto and Prada Group have signed a binding agreement for Prada to acquire a minority stake in Rino Mastrotto Group. As part of the transaction, Prada Group will contribute 100 percent of Conceria Superior SpA—following the acquisition of remaining shares—and Tannerie Limoges SAS to Rino Mastrotto Group. The group also made a cash...

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Management|REPORT

Prada’s FY15 profits struck by Asian slowdown

Luxury Italian conglomerate Prada SpA has seen its profits take a hit once more, as the slowdown in demand in Asia - particularly China - struck its profits for its fiscal year 2015. The group has reported its lowest profit in five years, as pressure on Chief Executive Officer Patrizio Bertelli to turnaround things for the company’s luxury...