Prada SpA, the Italian fashion company that owns the Miu Miu and Church’s brands, plans to add 260 stores in the next three years to tap demand in emerging markets including Brazil, China and Persian Gulf countries.
“We aim to speed up expansion by opening 100 stores this year, 80 stores each in 2013 and 2014 globally,” said Chief Executive Officer Patrizio Bertelli whose company opened 75 stores last year.
