Prada’s ceo Patrizio Bertelli said he has no intention to sell the company as he unveiled a new industrial complex in Tuscany.
The executive spoke at the inauguration of the Valvigna industrial complex on Friday.
The ceo of the Italian fashion group emphasized investments in the network of stores, the efforts to boost global brand visibility and an enriched product offer, all enhanced by a fast-growing digital presence, which are already yielding results.
The Milan-based luxury group is investing in its digital channel
The designer unveiled a new Fondazione Prada space in Milan dedicated to contemporary photography and visual arts.
Prada contributed about $390,000 to the costs of the restoration of the painting.
Patrizio Bertelli, Stefano Sassi and Renzo Rosso were among those who attended the event.