Prada To Cull Wholesale Channels

by MR Magazine Staff

Italian luxury fashion label Prada is to cull its wholesale distributor list, in order to take more direct control of pricing. In a short filing with the Hong Kong stock exchange (where the company is listed) Prada said that its board has analysed in detail the structure of its wholesale channels “and noted the growing complexity and fragmentation of the wholesale market”. Read more at Inside Retail.