About 20% of Prada's collections are made in China.
Prada SpA is busy in China these days. It's not just listing its shares on the Hong Kong stock exchange Friday and opening stores across the mainland. It is also increasingly manufacturing its high-end fashion there.
About 20% of Prada's collections—which range from bags and shoes to clothes for men and women—are made in China. The Milan-based company manufactures outside Italy in other cheaper countries such as Vietnam, Turkey and Romania, according to the IPO prospectus. In addition to the main Prada label, the company also owns Miu Miu, Church's and Car Shoe.
"Sooner or later, it will happen to everyone because [Chinese manufacturing] is so good," Prada designer Miuccia Prada said in an interview. She added that the Chinese are particularly good with shoes.
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