Pause operations: company temporarily curtailing operations while keeping return options open
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Prada
Prada
Prada is an Italian public company specializing in the production of fashionable clothes, shoes and accessories, which owns the fashion house and trademark of the same name.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionRevenue(RF), mln.USD
47
Assets(RF), mln.USD
90
Capital(RF), mln.USD
43
Glob.Revenue, mln.USD
4201
Shops
13
Staff(RF), 2021
165
Taxes(RF), mln.USD
2
The closure of its three Moscow stores, including a boutique in GUM, is also reported in the Prada report. It adds that at the beginning of 2024 the brand still has six sales points in Russia.
The Company Statement
June 05, 2023
Suspended its retail operations in Russia. Shipments dropped sharply after the invasion, and very few remaining shipments are all indirect.
| April 02, 2024 | Luxury international brands are closing stores in Russia |
| March 17, 2022 | The Prada Group suspends its retail operations in Russia |
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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