← State of Embedded Finance 2026

Prada Group

Can Prada Group build a unified global luxury platform — spanning Prada, Miu Miu, Versace, and other brands — by leveraging omnichannel commerce, integrated payments, and strategic acquisitions?

Founded1913
HQMilan, Italy
FoundersMario Prada
IndustryE-commerce / Retail
The story

Founded in 1913 as a Milanese leather goods house, Prada evolved over the 20th century into a global luxury conglomerate spanning ready-to-wear, leather goods, footwear, and jewellery under brands including Prada, Miu Miu, Church's, and Car Shoe. The Group listed on the Hong Kong Stock Exchange in 2011 and has since expanded its digital and omnichannel capabilities, formalising a partnership with Adyen in 2024 to unify payments across in-store and online channels. The 2025 acquisition of Versace — financed by a €1.5bn syndicated loan — marks a significant M&A pivot toward becoming a broader Italian luxury platform.

Last 12 months
2024-06
2025-04
Product timeline
1913
Mario Prada founded the company in Milan as a leather goods and accessories shop.· pivot
1978
Miuccia Prada takes over the business and begins expanding into ready-to-wear fashion.· pivot
2011
Prada S.p.A. listed on the Hong Kong Stock Exchange (Stock Code: 1913).· ipo
2020
Prada Group accelerates e-commerce and omnichannel strategy across all brands.· pivot
2024
Prada Group partners with Adyen to deliver unified omnichannel payment experiences in-store and online across all retail channels globally.· banking
2025
Prada S.p.A. acquires 100% of Versace, financed by a €1.5bn loan underwritten by Intesa Sanpaolo and a second unnamed bank.· acquisition
Regulated entities
Public Company
Hong Kong · 2011
Prada S.p.A.
The stack
Payments / PSP
Adyen
FX & payouts
Adyen
Accounting
SAP
Accounting gap: minor