The fourth edition of Altagamma Digital Awards revealed the winners. The distinction is given to Personal Luxury brands that standout for their digital leadership. The 2020 edition was organised in partnership with the National Chamber of Italian Fashion
Sales by the Italian luxury goods group have rebounded strongly in China since the stores reopened and, to date, have recorded higher levels than last year, as reported to Reuters by Prada's Chief Executive Officer, Patrizio Bertelli
With falling sales across all geographies and after 40% of stores being closed globally from February to May 2020, Patrizio Bertelli, Prada Group CEO said he is confident in growth for the second half of the year
In an interview to Bloomberg TV Patrizio Bertelli, CEO of Italy-based luxury company Prada, said that sales of the brand in China rose significantly more than 10% in May compared
Prada and adidas unveil the first release of their partnership: the Prada Superstar sneaker and the Prada Bowling bag for adidas on sale as a duo from the 4th of December onwards
The Milan-based luxury house present their consolidated financial results for the first semester of 2019 ended on the 30th of June. Small increase in revenue marked the period
The Italy-based company continues its extensive restructuration process, and is focused on the digital transformation of the brand. Results for the first half of the year marked by declining revenue
The first half of the year was impacted by tough trading conditions, especially in the first quarter but an improvement has been seen in the following months
According to Bloomberg Prada has failed to meet its own earnings forecasts in 11 of the past 12 quarters. This was aggravated by profit margin shrinking from 27% in 2012 to 14% last year