PRADA, a subsidiary of PRADA Holding BV, is a fashion company, with 635 stores on December 31, 2021, after 2 additions net, similarly, the company also closed around 8 stores in 2020. The company markets products under the brands Prada, Miu Miu, Car Shoe, Marchesi 1824, Luna Rossa, and Church's. Prada also sells its products through various e-commerce channels. The company markets its products in more than 70 countries through a network of 635 stores at the end of the financial year 2021.
In 2020, 8 stores closed owing to the decrease in store traffic caused by the negative impact of the pandemic. Retail trends heavily impacted by lockdowns since February when 40% of the store network closed from Feb-May.
By the end of FY2021, Prada operated 635 stores, up from 633 operational stores in 2020. Of the 635 stores in 2021, the Prada brand had the most retail space with 420 stores, followed by 146 Miu Miu stores, 61 Church's stores, 2 Car Shoe stores, and the remaining 6 stores of Marchesi 1824 and others.
The Retail channel saw strong growth in sales up 26% YoY fueled by the offer of new and iconic products with a clear identity, driving a very good performance across all product categories. At the brand level, Prada’s strong momentum delivered a sales increase of 28% YoY, up 46% on H1-19. Sales from Miu Miu increased 14% year over year and were beyond pre-pandemic levels because of the brand's rising awareness and the well-received SS Fashion Show.
United States of America
United Kingdom
Hong Kong
United States of America
India
Spain
Hong Kong
United States of America
United States of America
United Kingdom
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer