Recently, the topic of Prada being sold to Chanel’s owner, the Wertheimer family. The two brands are major players in the fashion industry and one thing that is consistent between the two are that they constantly raise their prices. It seems that the Wertheimer family may want to compete head on with LVMH and Kering.
Prada being sold to Chanel?
Luxury YouTuber, Super Dacob talked about it on his channel saying that Italian journalists are “prying around” this piece of information. Furthermore, some users feel that the brand’s leather quality is going to go downhill after Chanel buys them over. This claim is an alleged claim of the latter’s brands decline in quality.
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