Prada S.p.A. is an Italian luxury fashion house that was founded in 1913 by Mario Prada. It specializes in leather handbags, travel accessories, shoes, ready-to-wear, perfumes and other accessories.
The company was started in 1913 by Mario Prada and his brother Martino as a leather goods shop – Fratelli Prada – in Milan, Italy. Initially, the shop sold animal goods and imported English steamer trunks and handbags.
Mario Prada did not believe that women should have a role in business, and so he prevented female family members from entering his company. Ironically, Mario’s son had no interest in the business, so it was Mario’s daughter Luisa who succeeded Mario and ran Prada for almost twenty years. Luisa’s daughter, Miuccia Prada, joined the company in 1970, eventually taking over from Luisa in 1978.
Miuccia began making waterproof backpacks out of Pocone, a nylon fabric. She met Patrizio Bertelli in 1977, an Italian who had begun his own leather goods business at the age of 24, and he joined the company soon after. He advised Miuccia on company business, which she followed. It was his advice to discontinue importing English goods and to change the existing luggage
On 21 January, Carlo Mazzi, Chairman of Prada S.p.A., used these words in a motivational speech to the students of the International Master in Luxury Management (IMLUX) at Politecnico di Milano, the first course of its type in the world, for which the Prada Group is a Supporting Partner. In a talk dedicated to the relationship between theory and practice, he demonstrated the Prada Group’s aim to support students through a programme designed not only to offer classroom-based training, but also enhanced with relevant experiences.
“We don’t want to teach you; we want to work with you to find solutions to the challenges posed by the market”.
Mr. Carlo Mazzi has been an Independent Director of Banca Profilo SpA since April 26, 2018. He served as a Manager of the Large Corporate department of IMI and San Paolo IMI Bank from 1994 to 2000. Mr. Mazzi served as a Managing Director of IBI S.p.A – Milan (financial intermediation ex art. 106 TUB) from 2000 to 2004.
He has been the Chairman of Prada S.p.A., since February 14, 2014. He served as a Deputy Chairman at Prada S.p.A since November 9, 2004 until February 14, 2014. Mr. Mazzi served as Vice-Chairman and Member of Supervisory Board of Jil Sander AG from July 28, 2005 to April 7, 2006. He served as a Vice Chairman of IBI Bank AG – Zurich. He serves as a Director at SECVA S.r.l. – Arezzo. He has been a Director of Prada S.p.A since 2004.
He served as a Director of IBI International Business Advisors Investment N.V. – Amsterdam and of IBI Corporate Finance B.V. – Amsterdam.
He served as a Director of ABN AMRO S.p.A. – Milan (focused on merchant banking), SAGO S.p.A. – Florence (an IT research company responsible for the management of health facilities), IMILEASE S.p.A. – Rome (a leasing company), Banca di Intermediazione Mobiliare IMI S.p.A. – Milan (now Banca IMI S.p.A.) (focused on investment banking), Tecnofarmaci S.p.A. – Pomezia (a research company in the pharmaceuticals industry), SIM S.p.A. – Rome (focused on project management) and Paros International Insurance Brokers S.r.l. – Milan (in the insurance brokerage sector).
He received Degree in Mechanical Engineering from Bologna University of Italy in 1971 and Master’s Degree in Business Administration from Bocconi University of Milan in 1976.