Prada News

Prada Said Sales Up More Than 10% in China

Prada SpA’s sales in China rose more than 10 percent in May, the fashion brand’s co-chief executive officer, Patrizio Bertelli, said in a Bloomberg TV interview.

In the past 4 months, Prada, Balenciaga and D&G have disc...

The Prada Group has been actively transforming in recent years to avoid damage to brands caused by discounts. At this time last year, Prada announced that it would stop offering end-of-season promotions in its stores to improve p...

Prada exits South Africa

On May 7, Milan time, after five years of operation, Prada permanently closed its only store in South Africa. The store is located in a luxury retail area on Diamond Boulevard in Sandton City Mall and covers 8611 square feet. The...

Prada puts the profit in reserve

Prada retired and decided to abandon the distribution of dividends. The board of directors reviewed the previous proposal and recommended that the general meeting of shareholders scheduled for May 26 distribute all profits for 20...

Prada decides to withdraw previous resolution on dividend...

Prada decided to withdraw its previous decision on the distribution of dividends, and will propose at the annual shareholder meeting on May 26 that all net income for 2019 will be invested in the company's capital reserves. The b...

Prada's 2019 net profit grows by nearly 25%

On March 18th, Milan time, the Prada Group's 2019 financial report showed that the group's full-year sales increased by 2.7% year-on-year to 3.22 billion euros, and net profit rose by 24.88% to 256 million euros.

Prada Reports 2.7% Rise in Full-Year Sales

Prada rose by 2.7 percent at constant exchange rates in 2019, but warned that it expected a negative impact on 2020 results due to the coronavirus outbreak.

Prada Group executives donate to Italian hospitals

The co-CEO and chairman of the Prada Group have donated two sets of intensive care and resuscitation equipment to three hospitals in Vittore Buzzi, Sacco and San Raffaele in Milan to help Italy fight the epidemic. On the same day...

Prada stock rating improved

nfoTrie Sentiment research shows that the latest news reports about Prada have been showing a positive trend, and this trend is likely to have an impact on the next few seconds. Kepler Capital Markets also raised Prada's stock ra...

Miuccia Prada join forces with Raf Simons

From April 2020, Raf Simons will join the Prada brand as co-creative director, working in partnership with Miuccia Prada with equal responsibilities for creative input and decision-making. https://fashionbi.com/newspaper/the-ludo...