The luxury giant has raised 600 million euros via a new bond that will be listed on the Luxembourg Stock Exchange.
After the donation of hospital equipment, Prada converted its production to supply medical overalls and sanitary masks.
The amount equivalent to the net proceeds from the offering will aim to advance programs within the company’s “Made for Change” strategy.
Mazzi and his family transformed a 15th-century building in central Rome in a “home away from home.”
Prada held its “Shaping a Sustainable Future Society” conference last week in its New York office, converging cross-industry viewpoints in fields like architecture, artificial intelligence and art.
Crédit Agricole Group will grant Prada SpA 50 million euros over five years through a Sustainability Term Loan, introducing a rewarding annual pricing adjustment based on the achievement of sustainability targets.
The 12-month course is jointly developed by the MIP Politecnico di Milano and the Neoma Business School universities.
The Italian luxury brand won the arbitration award in Italy after a soured deal with a supplier of American alligator skins.
The Prada ceo spoke at WWD’s China summit in Xi’an, explaining his strategy to winning Chinese consumers both in and outside the country.
The executive spoke at the inauguration of the Valvigna industrial complex on Friday.
Bluebell Group is more confident than ever about the Asian consumer as it further expands into new markets.