Prada Groupe: The latest figures, news and market research on Prada Groupe

Turnover: 4.7 billion EUR (2023)

Country: Italy

Prada is a luxury Italian fashion house specializing in leather handbags, travel accessories, shoes, ready-to-wear, perfumes and other fashion accessories, founded by Mario Prada in 1913.

Prada is a brand of the Prada Group, which also includes Miu Miu, Church's, The Original Car Shoe and a café in Milan.

News

Fashion: how Prada reinvents itself 13/01/2024

Prada was founded in 1913 by brothers Mario and Martino Prada.
By 2023, Prada's retail sales have increased by 13% compared to 2022.
The luxury goods market is expected to see around 40% of its global sales absorbed by China by 2030, according to Bain & Company.
Prada created its own foundation in 1995, which is located in Milan.

Prada, Milanese realism that keeps pace with the luxury giants 13/03/2023

Sales up 25% to €4.2 billion
Above-market growth
The Italian brand saw its profits soar by 58% last year, to €465 million - strong sales growth in Europe and the United States more than offsetting a slowdown in China

Luxury: smooth transition at the head of Prada 02/01/2023

Prada achieved sales of over 3.3 billion euros in 2021 and has over 627 stores in 70 countries.
It recorded heavy losses during the pandemic, before making a strong recovery in 2021
The independent Italian luxury group also owns Miu Miu

Financial Data

DUNS: 330730078

Legal Name: PRADA RETAIL FRANCE

Address: 18 AVENUE MATIGNON DU 18 AU 20, 75008 PARIS

Number of employees: Entre 250 et 499 salariés (2021)

Capital: 7 252 040 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016
Turnover	185 911 117	96 083 910	75 428 136	119 738 844	119 746 644	102 069 098	169 903 650
Gross margin (€)	113 851 763	77 397 812	71 053 568	93 248 214	98 959 427	86 003 951	-
EBITDA (€)	13 061 017	8 281 304	5 805 047	6 469 626	5 330 743	6 778 232	-
Operating profit (€)	6 074 600	4 005 947	-1 842 676	3 032 542	3 055 209	2 461 682	-
Net profit (€)	2 364 984	869 669	-5 894 024	1 103 611	792 706	276 282	2 146 101
Turnover growth rate (%)	93,5	27,4	-37	-	17,3	-13,9	-
Ebitda margin rate (%)	7	8,6	7,7	5,4	4,5	6,6	-
Operating margin rate (%)	3,3	4,2	-2,4	2,5	2,6	2,4	-
Working Capital (turnover days)	76,5	136,2	177	104,6	95,3	142,8	-
Working Capital requirements (turnover days)	100	236,6	253	166,3	168,3	161,5	-
Net margin (%)	1,3	0,9	-7,8	0,9	0,7	0,3	-
Added value / Turnover (%)	26,8	38,4	43,8	36	36,8	38,2	-
Wages and social charges (€)	34 682 481	26 906 058	25 396 322	34 412 102	36 988 729	32 894 865	-
Salaries / Turnover (%)	18,7	28	33,7	28,7	30,9	32,2	-