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Prada 2014 Profit Drops by Nearly 30% on Weaker Sales

The third chapter of Prada The Iconoclasts was inaugurated during Paris Fashion Week at Prada Faubourg Saint-Honoré store. "Worldwide known costume designer Milena Canonero, four times Oscar winner - reinterpreted the visual identity of the store through the Feng Shui philosophy"

Milan—Stung by weaker sales in Asia, Prada today reported its net profit dropped 28% last year.As has been reported by other … [Read more...]

Prada Full Year Sales Down 1% in Line with Estimates

Spring/Summer campaign at Prada

Milan—Prada may have been one of the luxurygoods sectors worst performers the last two years, but the brand, which also owns Miu … [Read more...]

Prada Q1 Profits Plunge, May Revise Forecast

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Milan—Prada SpA warned today that its may update its full year forecast after a drop in its first quarter profit and sales.For … [Read more...]

Prada’s 2013 Profits Edge Up, Missing Estimates

Lupita Nyong’o carries the MiuMiu SS2014 advertising campaign handbag

Milan—Prada SpA today reported its 2013 full year profit rose only 0.3% hindered by a weak European market and currency … [Read more...]

Prada’s 2013 Sales Rise 9% But Miss Estimate Anyway

From the new spring campaign for Prada brand

Milan—Healthy gains in Asia and the Americas helped Prada SpA post a 9% increase in its 2013 sales results although lower European … [Read more...]