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prada's share price plummeted by nearly 10% to hk$52 yesterday, hitting a new low since early february this year. its current market value is about hk$135 billion, with a loss of about hk$5 billion. the reason is that benedetta petruzzo, ceo of its brand miu miu, was poached by dior of the lvmh group. benedetta petruzzo will replace charles delapalme and join dior as managing director on october 15.

prada's share price plummeted by nearly 10% to hk$52 yesterday, hitting a new low since early february this year. its current market value is about hk$135 billion, with a loss of about hk$5 billion. the reason is that benedetta petruzzo, ceo of its brand miu miu, was poached by dior of the lvmh group. benedetta petruzzo will replace charles delapalme and join dior as managing director on october 15.