Looking back on the first half of the year, it would be hard to argue that luxury is in for a smooth ride. Will this challenging period continue? And for how long?
In a challenging macroeconomic environment, the Italy-based luxury group has reported a 17% first half revenue growth as compared to the same period of last year. Miu Miu continues to shine
The Italy-based luxury group posted a strong performance in the first quarter of the year, with the Miu Miu brand standing out with a retail sales growth of 89% as compared to the same period in 2023
Ahead of the 2024 first quarter results, here’s a look at the sales figures reported by the world’s major luxury players in 2023, which were in general affected by a slowdown in luxury demand
The Italian-based group ended 2023 with a 17% growth in revenue and a 44% rise in profits, as compared to the previous year, boosted by the desirability of its Prada and Miu Miu brands
The Italian-based luxury group posted a 17% increase in revenue in the first nine months of 2023, as compared to the same period of last year, underpinned by solid retail sales growth in all regions
The Italian-based luxury group has appointed Luigi Preziotti as Design Director and also confirmed Dario Vitale in his current role as Miu Miu's Design Director
The Milan-based group announced as a “Signatory Friend” the launch of the partnership with ZDHC - Zero Discharge of Hazardous Chemicals, the global multi-stakeholder initiative
The Italian-based luxury group posted a 17% net revenue growth and a 62% net income increase in the first half of 2023, as compared to the same last year's period. Rebound in Asia continues
The German-based sportswear company and the Italian luxury house have unveiled the “adidas Football for Prada” collection, combining the unique features of their DNA
The Italian-based luxury group started 2023 with revenue growth of 22% in the first quarter, year-over-year, driven by the high desirability of both Prada and Miu Miu brands
The Italian-based luxury group has announced that it plans to hire more than 400 people by the end of 2023 to increase its production capacity and craftsmanship expertise in Italy
Dropping on the 5th of January with a corresponding gifted NFT, the launch follows a successful 2022 campaign in which Prada joined the Web3 community and reached new audiences
The Italian-based luxury group has announced that Gianfranco D'Attis will become the Chief Executive Officer of the Prada brand from the 2nd of January 2023