HONG KONG, China — Prada SpA, the Italian luxury-goods maker, fell the most in almost 12 months in Hong Kong trading after reporting first-quarter profit growth that decelerated to the slowest pace in at least a year.
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.
As 3D printing systems become better and cheaper, the designer eyewear market may soon start to feel the effects, with potentially wide-ranging implications, from product development to counterfeiting.
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
LONDON, United Kingdom — Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.
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.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
While many other luxury brands reported slowing growth, Prada posted a remarkable net profit increase of 46 percent in the 2012 financial year. BoF examines the secret to the company’s success.
MILAN, Italy — Prada SpA, the Milan-based fashion goods maker, dropped the most in 18 months in Hong Kong trading after fourth-quarter earnings disappointed some analysts.
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.
Starring Lea Seydoux and co-directed by Wes Anderson and Roman Coppola, Prada’s mini-trilogy for its Candy L’Eau fragrance proves that fashion films can be much more than the moving print campaigns that have come to typify the genre. If only there were more fashion films like these.
This season, the most successful fashion films broke away from the old template, embracing the unexpected plots, quirky music and bursts of humour that resonate with online audiences. Sit back, turn up your speakers and enjoy BoF’s Top 10 Fashion Films of the Season.