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Italian luxury group Prada<\/strong> remains resolutely on the lookout for acquisition opportunities, according to statements by Lorenzo Bertelli<\/strong>, Prada’s Marketing Director and son of the group’s founders.<\/p>\n <\/p>\n Speaking at an event in Umbria, Lorenzo Bertelli said that “the Prada group is and will always be on the lookout for opportunities”<\/em>, in response to a question about the group’s potential interest in acquiring Armani or other prestigious brands.<\/p>\n <\/p>\n Prada also plans to invest substantially in its industrial facilities. CEO Andrea Guerra<\/strong> announced that the group would allocate between 70 and 80 million euros a year<\/strong> for this purpose. The aim is to strengthen the presence of in-house suppliers, who have become crucial to the Group.<\/p>\n <\/p>\n However, this record amount does not include possible acquisitions. “With the aim of shortening its supply chain, Prada has also made a series of investments with suppliers in recent years,”<\/em> he recalled.<\/p>\n <\/p>\n <\/p>\n On Tuesday, May 7<\/strong>, Prada opened a new factory dedicated to knitwear in Torgiano<\/strong>, near Perugia, illustrating its desire to consolidate its expertise and know-how. “We want to invest in Italy”<\/em>, emphasized Andrea Guerra.<\/p>\n <\/p>\n In recent years, the luxury House, which owes its successful internationalization to the couple formed by heiress Miuccia Prada<\/strong> and businessman Patrizio Bertelli<\/strong>, has made knitwear a key element in the success of its ready-to-wear collections for the Prada and Miu Miu houses.<\/p>\n <\/p>\n The 9,000-square-meter<\/strong> factory has become a production hub for Prada and Miu Miu’s ready-to-wear collections, where items such as sweaters, knitted wool skirts and knitted tops are made.<\/p>\n <\/p>\n <\/p>\nNew factory<\/h2>\n
Commitment to Made in Italy<\/h2>\n
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