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Spotlight | Prada family
Moon missions and bitcoin: what the Italian luxury dynasty does with its dividends

The wealth generated by Miuccia Prada and her clan extends far beyond the catwalks, funding space exploration, reshaping Milan and building an art collection. © Studio Pachamama

This spring, Miuccia Prada set up a new entity in an already complex ecosystem of family holdings. The leading Italian luxury family's dividends go back into such structures, which operate in domains as diverse as real estate, cryptocurrency, art and space exploration.

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Inditex
Zara luxury strategist Marta Ortega set for big salary boost

The chair (and daughter of the founder) of the Spanish fast-fashion firm is on track for a 20% pay rise after a performance that would make the major houses green with envy. Such success comes amid an upmarket shift and a series of partnerships with luxury industry players.

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Houses

LVMH
Dior Beauty's luxury travel agency takes off

Having expanded its business by installing spas in major hotels and organising wellness retreats, the brand's cosmetics division is poised to enter the tourism sector. The shift coincides with the appointment of a travel industry professional to the LVMH board.

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Accor
Knives out as CEO Bazin bounces back from shareholder revolt

After Accor shareholders approved his earnings by a hair's breadth, the embattled head of the hotel giant is looking for answers, in an atmosphere of extreme paranoia.

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Entourage

Sponsorship
Beaux-Arts turns again to luxury labels to help pay its bills

To help finance a hefty renovation bill, the Paris art school is increasingly seeking out more partnerships with luxury brands, with the Chinese label Icicle expected to hold a fashion show there in September.

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