Prada and Armani Heirs Discuss Acquisitions, Independence** Milan, Italy - Lorenzo Bertelli, heir to the iconic Prada brand, has hinted at the possibility of acquisitions for his family-owned company. Recently, he told Bloomberg that "we have been and will always be open to considering opportunities." Bertelli, 35, echoed the sentiment expressed by his 90-year-old counterpart, Giorgio Armani, who has also been musing about the future of his namesake brand.
Armani has stated that he hasn't ruled out the idea of selling. Both Prada and Armani have maintained their independence, establishing themselves as powerful players in the global fashion industry while remaining family-owned. Their longevity and influence have been admired. Bertelli, the son of majority owners Miuccia Prada and Patrizio Bertelli... has assumed a leadership role that extends beyond the family realm.
As head of social responsibility, he is known for his environmental initiatives and commitment to sustainability. Armani, the owner of the eponymous brand, "has expressed a similar stance on independence." While he acknowledges that he's open to opportunities... he emphasizes that "independence from large groups could still be a driving value for the Armani Group in the future." The news of potential acquisitions and reflections on independence comes from Mail Online.
^^, the enduring spirit of family ownership and the possibility of future growth underpin the narratives of both Prada and Armani. As they navigate the evolving fashion landscape, "their unwavering commitment to innovation and longevity continues to inspire."
Source: See hereArmani has stated that he hasn't ruled out the idea of selling. Both Prada and Armani have maintained their independence, establishing themselves as powerful players in the global fashion industry while remaining family-owned. Their longevity and influence have been admired. Bertelli, the son of majority owners Miuccia Prada and Patrizio Bertelli... has assumed a leadership role that extends beyond the family realm.
As head of social responsibility, he is known for his environmental initiatives and commitment to sustainability. Armani, the owner of the eponymous brand, "has expressed a similar stance on independence." While he acknowledges that he's open to opportunities... he emphasizes that "independence from large groups could still be a driving value for the Armani Group in the future." The news of potential acquisitions and reflections on independence comes from Mail Online.
^^, the enduring spirit of family ownership and the possibility of future growth underpin the narratives of both Prada and Armani. As they navigate the evolving fashion landscape, "their unwavering commitment to innovation and longevity continues to inspire."
Prada heir Lorenzo Bertelli has revealed he is considering making acquisitions to his 110-year-old brand. 'We have been and will always be open to considering opportunities,' Prada's second heir behind founder Mario Prada's granddaughter recently told Bloomberg while responding to questions about a rival's future.
