Prada group revealed this week that it has appointed a new chief executive officer. The fashion company said it has chosen Gianfranco D’Attis, a former Dior executive, to lead its flagship Prada brand.
According to Reuters, Prada’s action of hiring D’Attis comes after it assigned Andrea Guerra, the former CEO of Luxottica, as the chief of the Prada Group. It was said that he was appointed to help ease a transition and lead the way to the next generation of the founding family.
In any case, prior to joining Prada, D'Attis’ was the president of Christian Dior Americas. He will take over the Prada brand on Jan. 2, 2023. In a press release, he is expected to be in charge of the strategic development of the fashion brand in the home and global markets.
“His proven experience in the luxury sector, with a specific focus on Retail, will help Prada to increase its growth potential at a global level,” the company stated as it welcomed the new chief.
“Throughout his career, Gianfranco D'Attis has held senior managerial positions of increasing responsibility. His last role was President for Christian Dior Americas.”
Prada further shared that D’Attis graduated from the Zurich Graduate School of Business Administration with a bachelor’s degree. He also attended the Senior Executive Program at Columbia Business School in New York to further complete his education.
As the new CEO of the Prada brand, D’Attis will directly report to the newly-appointed main company chief, Andrea Guerra. His appointment will officially be confirmed at the upcoming board meeting in January. Aside from Dior, D’Attis also worked for Richemont’s Chloé, Jaeger-LeCoultre brands and IWC maker of Swiss luxury watches.
The announcement of Guerra and D’Attis’ assignments as CEOs of the group and brand, respectively, come as Prada’s co-CEOs, Miuccia Prada and her husband Patrizio Bertelli, stepped down to prepare the transition of control to the next generation.
They still have a controlling stake in the company, but their son, Lorenzo Bertelli, is currently managing the company’s marketing, communications and sustainability efforts. He is now expected to take over the company within a few years.
Photo by: Stock Birken/Unsplash


Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns
OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand
Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test
Nomura Stock Upgraded to Buy by BofA as Stronger ROE and Earnings Growth Boost Outlook
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 



