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
Prada of Prada, calling on the Hong Kong exchange to veto the brand's initial public offering (IPO) In May 2012, a Labour Network Monitoring Asian Transnational Corporations issued a letter against LVMH Group on appointing Sebastian Suhl as COO of Givenchy while he was in the case of sexual harassment in Japan and Luxembourg.In October 2012, Tokyo District Court Judge Reiko Morioka ruled in favor of Prada, saying their alleged discrimination was “acceptable for a luxury fashion label.” Bovrisse claimed the court was not fair and accused the Judge of screaming at her. Bovrisse took her discrimination claims to the Office