Patrizio Bertelli


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...]

Miuccia Prada Assumes CEO Title Along with Husband

Miuccia Prada with her husband Patrizio Bertelli

Milan—In a shuffle that relates more to the company’s stock market position in Hong Kong than to any type of power struggle … [Read more...]

Prada Q3 Profit Misses as Sales Slow in Asia, Europe

Prada jewels

Milan/Hong Kong—An 8.6% profit rise would be a pretty good third quarter earnings for most companies. But when you are Prada SpA … [Read more...]

Prada’s Half-Year Sales Slow Compared to 2012

Prada Fall 2013

Milan—Prada SpA reported Thursday its first half sales fell to about a third of last year’s as demand for luxurygoods waned in … [Read more...]

Italian Fashion Leaders Join Forces to Promote Italy as Fashion Destination

Milan-fashion-week-spring-2013

Milan—Concerns that Milan Fashion Week may becoming overshadowed by New York, London and Paris has prompted a group of … [Read more...]

Prada’s Full Year Profit Jumps; Plans New Focus on U.S., South America, Mideast

Prada

Milan—Prada SpA reported Friday that its full year profit jumped 45% thanks to its sales strength in Asia. However, Patrizio … [Read more...]

Prada’s Full Year Sales Jump 29 Percent

Prada

Milan—There’s one luxurygoods company that hasn’t had to worry about a slowdown in sales. Today, Prada SpA reported that its full … [Read more...]

Prada Q3 Profit Stuns: Up 57% on Asia and Leathergoods Sales

Prada

Milan—While many luxurygoods brands are bracing for an apparent slowdown in sales, Prada continues to buck the trend. On Thursday, … [Read more...]

Prada First Half Profit Jumps Nearly 60%

Prada Fall 12

Milan—Buoyed by continued strong sales in Asia, Prada SpA reported today a 59.5% increase in its first half net profit despite … [Read more...]

Prada: Preliminary Half Year Sales Strong

pradafall12A

Hong Kong--Prada SpA reported Monday that its preliminary first half sales jumped 37%, buoyed by strong sales in … [Read more...]

Prada Q1 Profit, Sales Leap, but Cautious on Eurozone

PradasummerCampaignthumb

Milan—Despite reporting last week a first quarter profit double last year’s and a leap in sales, Prada SpA warned about an … [Read more...]

Asia Sales Push Prada 2011 Profit Up 72%

Prada Summer 2012

Milan—Prada reported Thursday that thanks to particularly strong sales in Greater Asia, the company saw its 2011 net profit soar … [Read more...]