Pasticceria Marchesi lost 27 million in 5 years

According to Affari Italiani, a few weeks ago Prada spa had to waive 8 million in receivables from its subsidiary Marchesi 1824, the restaurant and haute patisserie company taken over in 2014. A waiver of credit that was necessary after the company, of which Bertelli is president and which employs 184 people, closed 2022 with a loss of more than €5.1 million, bringing net equity to a negative €2.2 million.

In 2014 Prada and Bertelli bought the pastry shop, a Milanese institution founded in 1824 by Angelo Marchesi. 8 million euros for 80% of the shares, to be added to the costs of opening other shops, such as the one in Galleria Vittorio Emanuele II, Via Montenapoleone, Fondazione Prada and the London headquarters. This summer, the brand also completed the restyling of the Caffè Principe in Forte dei Marmi. Over the past five years - going through the Covid-19 pandemic - the confectioner's shop has accumulated some EUR 27 million in losses. Losses that do not simply concern the brand itself, but also the increase in raw material prices and personnel costs, which have risen from EUR 2.5 million to EUR 7.2 million and from EUR 4.9 million to EUR 6.7 million respectively.