Prada Group open up to 80 new stores in 2013
Prada Group is set to continue its steady rate of global expansion as it looks to open up to 80 new stores in 2013, focusing on Asia, the Gulf countries and North America.
The Italian fashion house’s Miu Miu brand will also launch a bevy of new stores in China, despite the fluctuating market conditions in the region.
Prada currently operates 196 stores in Asia and 185 in the Western hemisphere. Founded 100 years ago in Milan by brothers Mario and Martino Prada, the brand last year invested EUR 265 million in retail expansion.