The Prada Group’s revenue fell by 40% due to the COVID-19: more than 70 stores were closed worldwide during the pandemic. The company’s profit this year was 938 million euros.
Prada Group CEO Patrizio Bertelli thanked all the company’s employees who showed responsibility and commitment during such a difficult time for the brand. Patrizio Bertelli also said he hoped the company would recover in the second half of 2020.