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Prada pays Miuccia Prada Bianchi $73M to take over Milan stores

05/11/2019
Prada pays Miuccia Prada Bianchi $73M to take over Milan stores

Prada SpA has reached an agreement with its co-CEO Miuccia Prada Bianchi to take control of four company stores in Milan, Bloomberg has reported, with a deal that pays Ms Prada Bianchi $73 million.  Prada said in a statement that the move “will be an important step in further developing and extending the group’s brand identity”. According to...

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