Miuccia Prada: ‘Ugly fashion’
Good Bad Billionaire
The Ups and Downs of Fashion's Financial Landscape
This chapter examines the financial struggles of a notable fashion house, highlighting its $1.8 billion debt and the impact of the September 11 attacks on its IPO aspirations. It further explores Miuccia Prada's tumultuous journey through acquisitions, failed IPOs, and her eventual resurgence following the successful IPO of the Prada Group in 2011. Additionally, the chapter discusses the ethical implications of the fashion industry, philanthropy, and the lasting influence of key figures like Miuccia and Anna Wintour.
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