Prada reported higher revenue for last year after booming sales at its Miu Miu brand helped the Italian group escape a global decline in demand for luxury goods. For 2025, the company said it intends to deliver solid,

Prada has purchased the entire building at 150 New Bond Street in London, home to Miu Miu, which is undergoing refurbishment.

While neighboring luxury fashion houses face declining sales amid an industry-wide downturn, Miu Miu reports a record year with 93% retail growth, and Prada's sales chart 4% higher.

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.

Prada nears a deal to acquire Versace for €1.5B, boosting stocks of both companies. Check out market reactions and potential impacts on Capri's assets.

The event on April 9 and 10 will explore themes of girlhood, love and sex education through the works of Simone de Beauvoir and Fumiko Enchi.