Though in existence for nearly a century, Prada
approaches each season with a flair that is bold
and innovative, yet distinctly its own. As a result,
Prada consistently exudes an admirable degree of
self-confidence, which only makes it more
desirable, and steers the brand away from
provocation for provocation’s sake. What
ultimately draws consumers to the Prada brand
(and moves them to value its very name across
continents and cultures) is its sense of self-assurance,
won through constant experimentation
and a proven ability to dictate tastes and trends
rather than chase them. Figures reflect the power
of this love affair, and underpin Prada’s return to
our Best Global Brands report. The brand’s
continued growth in revenues (26% in 2011) is
fueled mainly by over 250 DOS (Directly Operated
Stores) worldwide — a network which is expanded
with a careful eye on increasingly well-traveled
customers. While Prada boasts an extraordinary
indifference to the difficult economic climate,
the only caution may be the extent to which the
Chinese market alone will be the brand’s center
of gravity, both commercially and otherwise.