Prada S.p.A., together with its subsidiaries, designs, produces, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, and internationally. The company offers its products under the Prada, Miu Miu, Church's, Car Shoe, and Pasticceria Marchesi brands. It also provides eyewear and fragrances under licensing agreements. As of December 31, 2017, it had 625 directly operated stores in approximately 70 countries worldwide. The company also sells its products through a network of luxury department stores, independent retailers, franchise stores, and online distributors. In addition, it is involved in confectionery and real estate businesses; and operation of duty-free stores. The company was founded in 1913 and is headquartered in Milan, Italy. Prada S.p.A. is a subsidiary of Prada Holding S.p.A. GBP drops as BOE vote split seems dovishThe BOE has left rates unchanged in December but a more dovish vote split has weighed on the pound.
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