Italy's Prada (1913.F) is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will help double the size of its knitwear factory in Torgiano, in the central region of Umbria, the luxury group's industrial director said on Thursday.
Prada, in common with other luxury groups, is investing to enhance its production capacity and strengthen its grip on the supply chain.
