Pause operations: company temporarily curtailing operations while keeping return options open

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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

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Revenue(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.

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Statements Archive
May 06, 2024Kremlin wardrobe. Who and how from the leading fashion brands are dressed by Russians
April 02, 2024Luxury international brands are closing stores in Russia
March 17, 2022The Prada Group suspends its retail operations in Russia
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