New CEO Silvia Onofri Joins Miu Miu
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Miu Miu, the high-fashion subsidiary of Prada Group, welcomes Silvia Onofri as its new CEO, marking a significant milestone for the luxury brand. Onofri, a seasoned leader in the fashion industry, officially assumes her role on February 26. Her appointment signals Prada’s strategic move to sustain Miu Miu’s impressive momentum and further solidify its position as a powerhouse in luxury fashion.
Onofri brings a wealth of experience from some of the most prestigious names in the luxury sector. With academic credentials from Rome’s La Sapienza, the London School of Economics, and the University of Greenwich, she built her career at Bulgari before taking on leadership roles at Bally and Napapijri.
Over the years, she has developed a deep understanding of global markets, strategic brand positioning, and business growth—qualities that will be instrumental in guiding Miu Miu’s next chapter.
Her track record speaks for itself. At Bally, Onofri played a crucial role in its expansion across Europe, the Middle East, and Africa. She later became the chairwoman of Napapijri, strengthening its global presence under VF Corp. Now, she steps into Miu Miu at a pivotal time, bringing her keen business acumen and international expertise to an already thriving brand.
Once viewed as Prada’s younger and edgier counterpart, Miu Miu has now established itself as a dominant force in the luxury sector. In 2024, the brand reported a staggering +97.5% revenue growth, reaching €854 million in sales. The Lyst Index also placed Miu Miu among the most sought-after brands, reflecting a +105% surge in consumer interest during the third quarter.
The numbers tell a compelling story. Miu Miu now accounts for 25% of Prada Group’s total revenue, a significant increase from the 15% it contributed just a year prior. This remarkable trajectory positions Onofri at the helm of a brand that is not just surviving in a competitive market but thriving.
Onofri’s appointment comes at a time when the luxury landscape is evolving, with consumers gravitating towards bold, innovative, and statement-making fashion. Miu Miu’s recent success is rooted in its ability to blend playful aesthetics with high-fashion credibility—an approach that has resonated strongly with younger demographics.
Under Onofri’s leadership, the brand is expected to continue its focus on market expansion, digital innovation, and sustainability. Industry insiders anticipate that she will introduce strategies that refine Miu Miu’s global footprint while maintaining the brand’s signature irreverence and sophistication.
Andrea Guerra, Prada Group’s CEO, has emphasized the need for continuous analysis and internal competition to keep Miu Miu ahead in the fast-paced luxury sector. With Onofri at the helm, the brand is poised to refine its market strategy and capitalize on emerging opportunities.
As Miu Miu moves forward with fresh leadership, fashion enthusiasts and industry watchers alike eagerly await the impact of Onofri’s vision. With an impressive track record and a brand on the rise, her tenure is set to usher in a new era of innovation and growth for Miu Miu.
*Cover Photo/Thumbnail Photo from parisselectbook.com
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