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Prada is one of the most influential brand in the fashion industry, and the brand became a premium status symbol in the 1990s. The signature Prada look encompassed luxurious fabrics in mostly black, browns, grays, greens, and creams to create simple, yet provocative styles. Partrizio di Marco took charge of the growing business in the United States after working for the house in Asia. He was successful in having the Prada bags prominently displayed in department stores, so that they could become a hit with fashion editors. Prada’s continued success was attributed to its “working-class” theme which, Ginia Bellafante at the New York Times Magazine proclaimed, “was becoming chic in the high-tech, IPO-driven early 1990s.” Furthermore, now husband and wife, Miuccia and Bertelli led the Prada label on a cautious expansion, making products hard to come by.
In 1992, the clothing brand Miu Miu, named after Miuccia’s nickname, launched. Miu Miu catered to younger consumers by offering apparel constructed out of “tacky synthetic fabrics”. By 1993 Prada was awarded the Council of Fashion Designers of America award for accessories.
Men’s ready-to-wear collections were launched in the mid-1990s. By 1994, sales were at US$210 million, with clothing sales accounting for 20% (expected to double in 1995). Prada won another award from the CFDA, in 1995 as a “designer of the year” 1996 witnessed the opening of the 18,000 ft² Prada boutique in Manhattan, New York, the largest in the chain at the time. By now the House of Prada operated in 40 locations worldwide, 20 of which were in Japan. The company owned eight factories and subcontracted work from 84 other manufacturers in Italy. Miuccia’s Prada and Bertelli company were merged to create Prapar B.V. in 1996. The name, however, was later changed to Prada B.V. and Patrizio Bertelli was named Chief Executive Officer of the Prada luxury company. replica Prada
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