The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Prada Group has hired Gianfranco D’Attis, most recently Americas president at LVMH’s Christian Dior, to lead its flagship Prada brand. As chief executive of Prada, D’Attis will report to new group CEO Andrea Guerra (also hired from LVMH), whose appointment is expected to be confirmed at a board meeting in January. Prior to joining Dior, D’Attis held roles at Richemont’s Chloé, IWC and Jaeger-LeCoultre brands.
The appointments come as Prada’s co-CEOs and controlling shareholders, Miuccia Prada and her husband Patrizio Bertelli, step back and prepare to transition control of the company to the next generation. Their son Lorenzo Bertelli currently manages the group’s marketing, communications and sustainability efforts, and is expected to take the reins of the company within a few years.
Patrizio Bertelli and Miuccia Prada are stepping down as the group’s co-CEOs, passing the reins to former Luxottica chief Andrea Guerra and hiring a new leader for their flagship Prada brand.
The Cannes film festival is no stranger to high fashion. Entrance-making gowns and jewels are almost mandatory, particularly after the luxury jeweller Chopard redesigned the festival’s highest prize, the Palme d’Or, in 1998.
The privately-held fashion and beauty giant’s sales rose 17 percent to $17 billion in 2022. Private salons for top-spending clients, emerging technologies and a new London headquarters are on new CEO Leena Nair’s agenda.
How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s.
The production company, which was caught up in Balenciaga’s recent controversy, has won acclaim for its work on luxury campaigns over the last two decades. Now, it joins a growing portfolio of PR and creative agencies including Purple and King & Partners.