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
Miuccia Prada 2015, she received the WSJ Magazine Fashion Innovator of the Year award. In December 2015, she received the highest honorary title of the Order of Merit of the Republic, the title of Knight of the Grand Cross. In 2016, she won Glamour USA's Woman of the Year Award. Miuccia Prada is married to Patrizio Bertelli, a businessman. Their two sons were born in 1988 and 1990. One of her sons is the rally driver Lorenzo Bertelli. She is a collector of contemporary art and owns several artworks by Young British Artists. She is personal friends with the artist Cindy Sherman