italy - it's strangely comforting to know that in these tough economic times even luxury brands like prada feel the pinch. the house was due to pay up 450 million euros to lenders this summer but has now been given an extention to 2012. this means that muiccia and her partner patrizio bertelli now have extra time - and most importantly - cash to invest within the company including expansion to more stores.
photo:miuccia prada, tpagent.com
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blaynistas: blog back! let me know what you think about fashion news, fashion gossip, or yourselves! can't wait to chat. xo,zb