Leading Italian fashion house Prada Holding NV has chosen Fabio Zambernardi as its new design director for its Prada and Miu Miu brands.

Prada said Zambernardi, who joined the company in 1997 and was promoted to design fashion coordinator two years later, will oversee all production of Prada and Miu Miu's clothing, footwear and accessories.

Earlier this month, Prada reported a second quarter operating profit of 8.2 million euros compared to a loss of 1.5 million euros in 2001 amid higher sales and tighter cost controls.