Italian fashion house PRADA has taken full control of the Car Shoe footwear and accessories brand, it told just-style.

Prada has upped its 55% stake in Car Shoe to 100%, for an undisclosed amount. It first bought a stake in the Italian brand in 2001.

“Prada’s interest in taking full control is to expand and develop the retail and wholesale side of the business,” a spokesperson for Prada told just-style.

Car Shoe, which was founded in 1963, has three stores in Italy, in Milan, Rome and Capri, and launched a its first shop in Singapore in March.

Prada plans to open a first Car Shoe store in Hong Kong this October.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.