MILAN — Patrizio Bertelli may be poring over his family’s finances, but it would appear the chief executive officer of Prada has no plans to sell a minority stake in the Italian fashion group — at least as long as key lenders Intesa Sanpaolo and Unicredit remain committed to funding the company.
“We have received various offers from potential investors interested in taking a stake in the company, but there are no talks under way to that end,” a Prada spokesman told WWD on Thursday.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"