Photo Diary | Milan Men’s Fashion Week, Days 1-2: Jil Sander, Versace, Bottega Veneta, Calvin Klein, Prada

MILAN, Italy — Today our contributing photographer Sonny Vandevelde files backstage imagery from the Jil Sander, Versace, Bottega Veneta, Salvatore Ferragamo, Calvin Klein, Vivienne Westwood, Prada and Moncler shows, held on days one and two of Milan men's fashion week.

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Prada to Focus on Cost Control After Quarterly Profit Gains 14 Percent

Wool and fur at Prada A/W 2013 | Photo: Sonny Vandevelde

MILAN, Italy — Prada SpA, an Italian maker of $3,500 pony-skin totes, said it will focus on cost control as it opens more stores after first-quarter profit rose 14 percent in “uncertain” market conditions.

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Bertelli and Prada Discuss Success, Expansion and Why Miu Miu Won’t Show in Milan

Prada Spring 2013 Campaign | Source: Prada

MILAN, Italy — “We dedicate a lot of time to understand markets, and at the basis there is Miuccia’s work in creating product, which has an identity,” said chief executive officer, Patrizio Bertelli, on the principle causes of Prada Group's continuing success at the company's annual general meeting, in Milan, yesterday. The CEO went on to dismiss calls to show collections from group's Miu Miu label in Milan, as well as the

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The Shifting Winds of New York Retail — Part 2: Soho’s Renaissance

The northern section of New York's Soho | Illustration: Rick Richards

In a three-part report, BoF examines New York City’s ever-shifting retail landscape. Yesterday, we considered the rise and recasting of the Meatpacking District. Today, we examine the renaissance of Soho.

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Market Pulse | China Slowdown Casts a Cloud

Savigny Luxury Index April 2013 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) lost 1.5 percent in April, underperforming the MSCI World Index (“MSCI”) by almost two percentage points. Luxury spending in Europe has been hit by a drop in tourist demand, as well as price increases by brands seeking wider margins. The unusually cold weather, particularly in March, also contributed to weak demand for Spring/Summer ready-to-wear collections.

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Week in Review | Young London Creatives, Ami’s Alexandre Mattiussi, Fabien Baron, Prada’s Magic, Inside India

Anna Trevelyan, Thomas Lohr, Rhea Thierstein, Matthew Holroyd, Simon Cook, Billal Taright, Matthew Josephs, Alex Turvey, Ellie Grace Cumming and Declan Sheils | Photo: Shahriyar Ahmed

BoF editor-in-chief Imran Amed recaps the week in the business of fashion.

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Prada Stays Confident in Difficult Market as Net Beats Estimates

Prada Spring 2013 Campaign | Source: Prada

MILAN, Italy — Prada SpA, an Italian maker of $1,150 studded leather slippers, said it remains confident of succeeding in a challenging economic climate as a policy of cutting discounts helped profit beat analyst predictions.

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