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Patrizio Bertelli, Prada Group Chairman and Executive Director, commented: “The environment remains complex and volatile, requiring focus, agility and rigorous execution. Against this backdrop, we continue to build on the foundations of creativity, product excellence, and manufacturing know-how. The recent opening of the production facility in Piancastagnaio in Tuscany, a fully integrated hub dedicated to Leather Goods, reiterates the Group’s industrial vision, rooted in the respect for the territory and the quality of the working environment. While market turbulence is likely to persist, we are confident in our ability to navigate the challenges ahead and will continue to build for the long term, staying true to our identity and leveraging the strengths of our organisation.”

Andrea Guerra, Group Chief Executive Officer, added: 
“The third quarter unfolded against a particularly challenging industry backdrop. In this context, the Group showed good resilience, underpinned by brand desirability and strong retail execution. Prada ended the 9-month period and the quarter in positive territory, supported by vibrant creativity and an ever-open dialogue with contemporaneity; the new spaces in Milan’s Galleria blend heritage and future in a unique destination where the brand’s history began. Miu Miu delivered a steady performance, against +41% growth in the 9M-25; its positioning remains sharp and the retail metrics very robust. Versace continued to lay the foundations for the creative debut in 2027. Looking ahead, we will continue to nurture brand desirability, preserving credibility and authenticity with discipline and ambition.”