Prada USA Corp. · New York, NY United States
Company Description
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There are probably no "red apple" sales at clothing outlets operated by Prada USA, a branch of Milan-based Prada . The company sells devilishly stylish upscale apparel, shoes, and accessories for men and women. Prada USA operates an iconic three-story, 24,000-sq.-ft. "epicenter" store on Rodeo Drive in Los Angeles. A second similar store, in New York's SoHo neighborhood, was damaged by fire in 2006 but reopened months later. Prada's retail network has expanded significantly in the US in recent years to include shops in Nevada, Colorado, Florida, Hawaii, New York, and Illinois. Prada USA represents about a quarter of Prada's worldwide sales. To read the full description, subscribe now.
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Key Prada USA Corp. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 475 |
Prada USA Corp. Executives
2 executives listed for Prada USA Corp.'s New York, NY location.
| Title | Name & Bio | Contact |
| CEO | Patrizio Bertelli | Network |
| Chief Designer | Miuccia Prada | Network |
Competition
Competitive Landscape for Prada USA Corp.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Prada USA Corp. Competitors
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