Prada S.p.A. (1913.HK)
| Previous Close | 64.350 |
| Open | 64.000 |
| Bid | 63.850 x 0 |
| Ask | 64.000 x 0 |
| Day's Range | 62.350 - 64.400 |
| 52 Week Range | 40.150 - 66.800 |
| Volume | |
| Avg. Volume | 1,644,255 |
| Market Cap | 163.764B |
| Beta (5Y Monthly) | 1.20 |
| PE Ratio (TTM) | 28.96 |
| EPS (TTM) | 2.210 |
| Earnings Date | Jul 30, 2024 |
| Forward Dividend & Yield | 1.13 (1.76%) |
| Ex-Dividend Date | Apr 29, 2024 |
| 1y Target Est | 69.77 |
Associated Press FinancePrada focuses generational transition on artisans, expanding production and workforce in Italy
The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos and developing new artisanal talent to ease the luxury group through a generational shift in its workforce. Prada CEO Andrea Guerra, who was brought in last year as part of the generational change in family-run Prada’s management, said at an unveiling of the expanded plant Tuesday that the company is investing 60 million euros ($65million) in production this year. At Torgiano, Prada has added 30 new jobs this year, alongside 65 last year, bringing the workforce to some 220 employees, mostly women, to create knitwear for the Prada and Miu Miu brands, a key category for the group.
FortuneHeir to Prada’s billionaire owning family signals openness to acquisitions as luxury dynasties look to the future
“We have been and will always be open to considering opportunities,” Lorenzo Bertelli, heir of the billionaire Prada family, said.
WWDPrada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure
Unveiling a newly expanded knitwear plant, marketing director and head of CSR Lorenzo Bertelli and group CEO Andrea Guerra spoke about the generational handover, potential acquisitions and protecting Made in Italy manufacturing.
