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Asharq Al-Awsat

Lifestyle

Asharq Al-Awsat

Prada to Hire Former Luxottica CEO Guerra to Ease Succession

Miuccia Prada Luxottica Andrea Guerra Lorenzo Patrizio Bertelli Luxury

Italian luxury fashion house Prada's logo is seen at a store in Zurich, Switzerland October 26, 2016. (Reuters)

Italian luxury goods group Prada is set to hire former Luxottica Chief Executive Andrea Guerra in a senior management role to ease a transition at the helm to the next generation of the founding family, a source with knowledge of the matter said.

Current Prada CEO Patrizio Bertelli, 76, has said he will hand over the reins of the group he leads with wife and designer Miuccia Prada to their 34-year-old son Lorenzo.

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