Miuccia Prada is a large name, which is full of stories.
But nevertheless a web site under construction and around 10 million dollar losses at her German Jil Sander acquisition had indicated some trouble a few years ago.
Then her interests in the Byblos label went for sale after all of her shares in Fendi were traded to LVMH for 295 Mill. Euro.
In fact the way too expensive Fendi acquisition had turned out to big to be swallowed and the financial situation had turned sour for a while.
In addition the turnover went down around 20% in 2002.