History of fashion design second biggest-selling fashion brand (after LVMH) worldwide with US$7 billion worldwide of revenue in 2006 according to BusinessWeek magazine. In the 1990s the designer label Prada became a true creative force in the fashion industry. The Milanese company was first established in 1923, two years after Gucci, and like Gucci, it was a firm that sold high-quality shoes and leather. It was until the 1980s that Miuccia Prada, the niece of the company's founder, began to produce ready-to-wear fashion, gaining fame for her subtle, streamlined, yet unquestionably luxurious style, that catered for the privileged young woman who prefers understatement to
History of Italian fashion regained popularity worldwide. While many clients of Italian fashion designers are celebrities, Italian fashion brands also focus on ready-to-wear clothes. Italian fashion, art, music, and philosophy flourished during the Renaissance in Italy. The cities of Venice, Milan, Florence, Naples, and Rome produced textiles such as velvet, silk, and wool. Italian fashion grew in popularity and influence across Europe, and was preferred by one of the most powerful families in Italy, the Medicis of Florence. In the 15th and 16th centuries, Italian fashion was influenced by the art of Michelangelo, Leonardo da Vinci, and Raphael. Italian fashion was extravagant and expensive,