The report highlights the company's strong growth in net revenues (+21.3% at constant exchange rates compared with 2021), with double-digit growth for both Prada and Miu Miu, and in profitability (EBIT Adjusted +69.2% against 2021, corresponding to 20.1% of net revenues). The report also highlights the company's commitment to sustainability, including the acquisition of a tannery located in Tuscany, the launch of a new sustainable fine jewelry collection made of 100% certified recycled gold, and the implementation of a new Code of Conduct for the Group's industrial suppliers. The report also highlights the company's focus on customer centricity and digital acceleration, including the launch of Prada Timecapsule, which combines a limited-edition item with a Non-Fungible Token (NFT), and the release of Prada Crypted, the new Discord server for the brand community.
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Prada SpA 2022 Sustainability Report
Issuing Company Prada S.p.A.
Report Type Sustainability Report
Report Language EN
Report Filesize 15.61 MB
No. of Pages 142 pages
Reporting periodJanuary 1, 2022-December 31, 2022
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue