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News for Prada

Prada loses $864 million in value as China slump hits profit
China's slowdown has claimed another corporate scalp, with shares of Italian fashion house Prada SpA sliding to the lowest level since 2016 after a pullback in the world's biggest consumer market ...

Prada's profits sank after Paris riots, trade, and growth fears hit Chinese demand
Prada's shares slumped 11% on Monday after the Italian fashion house posted its fourth full-year earnings decline in four years. The Hong-Kong listed group's operating profits shrunk by a tenth to ...

Prada Shares Crash As Impact Of Chinese Spending Slowdown Bites
With each passing day, it seems that we hear of yet another retail brand that is feeling the effects of the downturn in consumer spending. For years, conventional wisdom has informed us that a brand ...

Prada slips in China as Louis Vuitton and Gucci power ahead
(CNN) - Prada is feeling China's economic slowdown as it struggles to keep pace with its global rivals in the biggest market for luxury goods. The company's shares plunged almost 11% in Hong Kong on ...

Prada posts rise in 2018 sales despite second-half slowdown
MILAN (Reuters) - Annual revenues at Italian luxury group Prada rose in 2018 for the first time in four years, showing its turnaround plan is starting to bear fruit, although sales growth slowed in ...

Immersive Film-Inspired Art Installation Coming to Milan’s Fondazione Prada
The new multi-media "Whether Line" show from L.A.-based artists Lizzie Fitch and Ryan Trecartin imagines a haunted rural film set. L.A.-based artists Lizzie Fitch and Ryan Trecartin are heading to ...

We’re All Drinking Diet Prada Now
A decade ago, Dolce & Gabbana offered a gaggle of fashion bloggers seats in the front row of its Milan show. It was the moment the internet’s troublesome commentators were recognized as too ...

Instagram launches in-app shopping from major brands, inc Burberry, Dior, Nike, Prada
US Instagram users can now buy products from more than 20 major brands from inside the app. The feature is known as Instagram Checkout. Today, we’re introducing Checkout on Instagram. When you ...

Must Read: Prada's Market Value Plunges as China Slowdown Hits Profits, How to Survive a PR Crisis
A decrease in consumer spending in China has contributed to an unexpected drop in Prada's annual profit. The company's shares slumped as much as 7.2 percent in early Hong Kong trading on Monday ...

Prada's "Little Sambo" Keychain to Burberry's "Noose" Hoodie: Why Offensive Fashion Somehow Keeps Happening
"A lot has changed because with social media, people can hear one another's outrage and come together," says a culture expert as Gucci, Prada and other luxury designer brands recently found themselves ...

Prada returns to sales growth despite slower second-half
MILAN (Reuters) - Italian luxury group Prada achieved revenue growth for the first time in four years in 2018, showing its turnaround plan is starting to bear fruit, though sales growth slowed in the ...

Prada Stops End-Of-Season Markdowns to Protect Brand, Margins
MILAN — Italian luxury group Prada said on Friday it would stop offering end-of-season promotions at its stores, in a bid to boost margins and protect its brand after achieving revenue growth in 2018 ...