Last week we spoke about how many businesses don’t want to own their own real estate, but that some do. We then spoke about Prada’s recent acquisition of 720 and 724 Fifth Avenue for $835 million. However, they’re not the only ones. According to New… Read More
All posts tagged “prada”
Prada just bought a lot of real estate in New York
We have spoken before about how hotel brands don’t typically own their real estate. But the same is also true of many other businesses. And one common reason for this is that it ties up a lot capital that could be otherwise deployed in the… Read More
France’s luxury goods empire
The US has tech and France has luxury goods: The roots of French dominance lie in a luxury ecosystem that dates to the court of Louis XIV, and a culture of corporate raiding that began with Bernard Arnault. After gaining control of LVMH in 1989,… Read More
Pritzker Prize-winning architect Kazuyo Sejima designs Japanese commuter train
In commemoration of the company’s 100th anniversary, Japanese rail operator, Seibu, recently unveiled a new commuter train designed by Pritzker Prize-winning architect Kazuyo Sejima. Sejima is a founding partner in the Tokyo-based firm SANAA, which has started branching out beyond buildings. She recently designed a… Read More
Three nights only
For this year’s Art Basel Miami Beach, artist Carsten Höller collaborated with Fondazione Prada to create a 3-night-only pop-up club called, The Prada Double Club Miami. By time you read this post, the pop-up is likely to be over. But it is an interesting space nonetheless.… Read More
“Liberate these objects from their containment”
Architect Rem Koolhaas recently unveiled a backpack that he designed for Prada’s autumn winter 2018 menswear collection. It looks like this: It’s more of a frontpack. Actually, maybe the right name is chestpack. What stood out for me, though – perhaps more than its frontality… Read More