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14-Oct-2016 22:44

Therefore, if a key to Prada’s success exists, it is related to these principles.In my view, they are universal and can be successfully applied by anyone. At many companies managers in charge of a particular function—whether design or merchandising—dislike it when people in their department talk to colleagues in other departments.The Idea: While rival fashion houses have struggled and been acquired by conglomerates, Prada has prospered.

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However, you never really know what the agendas and the true priorities of your partners are.

That’s one reason many of them prefer to seek investment capital from large strategic partners.



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