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Prada, the renowned Italian luxury brand, is set to debut a limited-edition collection of sandals crafted in India, bearing a keen resemblance to the traditional Indian Kolhapuri footwear. This initiative comes just months after the brand had to face a wave…
Prada, the iconic Italian fashion house, has inaugurated a new flagship boutique at Landmark Hong Kong. This development comes as a part of the brand’s ongoing mission to refine its tangible presence in the city and within the Landmark retail complex. Grand…
The Prada Group has demonstrated sustained growth for the 19th straight quarter, even in the face of a complex global retail landscape. The financial results for the nine months leading up to September 30 reveal a promising overview. Financial Overview During…
Prada, a family-owned group known for its luxury fashion, recently reported a 9% spike in first-half net revenues at constant currencies. The company’s lesser-known yet rapidly growing Miu Miu brand played a significant role in this upswing, potentially…
Prada’s deal to buy Versace revives hopes for a ‘made in Italy’ luxury champion after many other family-founded brands ended up in French, Swiss or US hands, and comes as many Italian groups are outperforming the struggling sector. The US$1.375 billion deal…
Prada is looking to double its business in key luxury market China, Chief Executive Gianfranco D’Attis said on Wednesday, even as the country faces slowing growth in luxury demand and significant economic headwinds. “We have a lot of ambitions here in China,…
Prada Group enjoyed higher net revenue in the first nine months of FY23, with Miu Miu delivering outstanding results, attributed to growing brand awareness and increasingly strong client relationships worldwide. The luxury retailer saw net revenue rise 17…
Prada Group and other luxury retailers collaborated with Amazon’s Counterfeit Crimes Unit (CCU) to provide information to Chinese authorities, resulting in a case against a counterfeit items seller who pleaded guilty. “We are firmly committed to eradicating…
Patrizio Bertelli, the current CEO of the premium brand, will be chosen chairman at the annual shareholder meeting next spring. He will succeed Paolo Zannoni, who will be proposed for the position of executive vice chairman of the group and chairman of Prada…
Italian fashion group Prada sees opportunity in the booming second-hand fashion sector which it can develop both in-house and through partnerships, marketing chief and heir designate Lorenzo Bertelli said. The market for pre-owned chic bags and clothes has…
Italian fashion group Prada’s sales and profits rebounded at the end of last year from a first-half slump due to the coronavirus pandemic, boosted by a strong performance in China and elsewhere in Asia, and the positive trend has carried on into 2021. Luxury…
Italian luxury group Prada sees revenues rising to 5 billion euros ($6.1 billion) in four to five years, its chief executive said on Thursday. “We will reach five billion euros in a matter of four to five years. COVID-19 has given a strong shock to the whole…
Italian luxury label Prada has ended all cooperation with Chinese actress Zheng Shuang, a week after appointing her as a brand ambassador after she was engulfed in a surrogacy controversy that has enthralled the Chinese public. Prada made the announcement…
Sales of luxury Prada items in China have exceeded last year’s levels since the brand’s physical stores reopened following the coronavirus pandemic. The Chinese appetite for luxury items has rebounded strongly despite the impact of Covid-19, even as global…
Italian luxury fashion house Prada has opened a new boutique in Tokyo’s Shibuya district, featuring the unique evolution of its green-themed interior design. Located at the Miyashita Park shopping mall, the store is designed by OMA studio, founded by Rem…
Bob Chua, founder and CEO of BlinQ, says the partnership will give Southeast Asian consumers easy access to thousands of new products from high-end brands. “We have been growing quickly, and this partnership provides a greater depth of brands and products to…
