Prada Group

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ITALY: Prada FY profits surge on rising sales Petah Marian | 8 Apr 13

Italian luxury group Prada has seen its full year net income surge 45% on rising sales.

ITALY: Tod's hires former Gucci design director Facchinetti Katie Smith | 21 Feb 13

Italian luxury shoe maker Tod's has appointed former Gucci and Valentino designer Alessandra Facchinetti as the creative designer of its women's collection.

ITALY: Prada FY sales rise 29% on strong demand Katie Smith | 20 Feb 13

Strong demand in Europe and Asia, coupled with new store growth, has helped Italian luxury fashion brand Prada to a 29% hike in full-year sales.

ITALY: Prada posts jump in Q3 net income Petah Marian | 7 Dec 12

Italian luxury brand Prada recorded a jump in third quarter net income as the group worked to grow its retail channel.

US: Stuart Weitzman makes senior appointments Petah Marian | 8 Nov 12

Footwear brand Stuart Weitzman has announced a series of senior appointments today (8 November).

Spotlight on...Making UK manufacturing work Katie Smith | 2 Oct 12

The feasibility of reviving the UK manufacturing sector and moving garment production back onshore has been a key topic of discussion among British brands and retailers. While niche and high-end firms like cashmere specialist Johnstons of Elgin and countrywear brand J Barbour & Sons are synonymous with UK-based production, it can also be done for high street brands on a large scale, according to industry experts.

just-style management briefing: International brands eye emerging markets Wang Fangqing | 1 Oct 12

While the focus on emerging markets for the big international clothing companies has traditionally been to view them as outsourcing opportunities, there are a lot of people with a lot of money in these countries. So go-ahead Western brands are seeking to gain a presence in emerging markets, hoping to reap dividends as their economies grow.

ITALY: Prada H1 profits surge on Asian performance Petah Marian | 24 Sep 12

Italian fashion house Prada Group saw first-half profit surge on the back of a strong performance in Asia.

ITALY: Prada H1 boosted by strong Asian growth Petah Marian | 6 Aug 12

Italian luxury brand Prada posted a jump in first-half sales, boosted by strong growth in Asia.

Focus: Men's wear and the internet - the perfect match Euromonitor International | 16 Jul 12

As the digital platform continues to bring about sweeping changes in the global apparel arena, Ashma Kunde, apparel research analyst at Euromonitor International, looks at the role the internet has played in driving the boom in the men's wear market.

just-style management briefing: Speed and flexibility a boost to profitability Lee Adendorff | 2 Jul 12

Fast fashion has had a fundamental impact on the apparel industry in the space of just a few decades, with global fashion giants such as Zara and H&M demonstrating a previously unthinkable production speed, with the ability to get a garment from concept to store in less than 12 weeks.

Focus: Luxury fashion shifting to the middle ground Euromonitor International | 22 Jun 12

Luxury goods positioned at accessible price points are a key industry battleground, and increasingly the core revenue drivers of some of the fastest growing luxury goods players, including Mulberry, Jimmy Choo, Burberry, Coach and Michael Kors. But is this democratisation of luxury a good thing for the industry, or is there a risk of diluting status consumption culture?

ITALY: Prada Q1 profits more than double Katie Smith | 11 Jun 12

Italian luxury fashion house Prada has seen its first-quarter net profits more than double on the back of increased sales in Europe.

ITALY: Prada to open 260 stores over next three years Katie Smith | 25 May 12

Italian luxury fashion house Prada plans to open around 260 stores worldwide in the next three years.

ITALY: Prada posts full-year profit jump Petah Marian | 30 Mar 12

Prada recorded a jump in full-year net profit as the company focused on developing its retail offer.

GERMANY: Jil Sander returns to namesake brand Petah Marian | 27 Feb 12

Jil Sander is set to return to her eponymous brand tomorrow (28 February) after an eight-year absence.

Hong Kong's changing role in the apparel industry Vicky Sung | 10 Feb 12

China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the global garment industry, shifting it from a manufacturer to a servicing and sourcing centre. It will take on even more diverse roles in the future, according to industry executives speaking at recent conferences in Hong Kong. Vicky Sung reports.

ITALY: Prada books 75% jump in nine-month profit Petah Marian | 30 Nov 11

Prada has reported a 75% jump in net profit in the first nine-months of the year as margins improved on the back of a shift towards retail, a better markdown strategy and improved scale and manufacturing efficiencies.

HONG KONG: Coach to begin dual stock exchange listing Leonie Barrie | 25 Nov 11

Luxury footwear and handbag maker Coach Inc is to list its depositary receipts on the Hong Kong stock exchange from 1 December, in a move aimed at boosting its profile in China and the rest of Asia.

Europe's luxury fashion industry maintains its integrity Peter Da Costa | 23 Nov 11

Some of the biggest names in fashion have been told by European Union (EU) industry commissioner Antonio Tajani that their design and craftsmanship would enable the sector to hold its own in an increasingly competitive global marketplace.

Global news roundup Petah Marian | 20 Oct 11

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

ITALY: Prada books 74% hike in H1 profit Leonie Barrie | 19 Sep 11

Italian fashion house Prada SpA, which listed on the Hong Kong stock exchange in June, has posted a 74% hike in first-half net profit thanks to double-digit growth in all markets except Japan.

RUSSIA: Clothing and footwear market set for growth Leonie Barrie | 6 Sep 11

Retail sales of clothing and footwear in Russia are likely to rise by an average of 10% a year for the next few years, fuelled by growth in the mid-market segment.

just-style management briefing: International sizing standards expand Karryn Miller | 1 Sep 11

While the goal for many clothing manufacturers and brands is to gain an international presence, there is a key risk associated with selling the same designs in different global markets - the more far and wide that clothing designs go, the more shapes and sizes they must come in.

UK: Burberry rejects listing amid Q1 revenue surge | 13 Jul 11

Luxury apparel and accessories group Burberry has dismissed the idea of a public listing in Hong Kong after posting another notable surge in revenues during the company’s first quarter.

US: Michael Kors exploring IPO to fund expansion? | 28 Jun 11

Fashion designer Michael Kors is looking to sell a 25% stake in his company to fund a USD$500m global expansion plan, according to the New York Post.

HONG KONG: Prada shares up in early trading | 27 Jun 11

Italian fashion house Prada enjoyed a better than expected first two days of trading on the Hong Kong Stock Exchange, rising by more than HK$2 (US$0.26) by today (27 June).

just-style management briefing: BRICM countries offer new retail potential | 1 Jun 11

The BRICM countries (Brazil, Russia, India, China and Mexico) have long been regarded as sources of cheap quality fabrics and clothes. But as they grow wealthier they are increasingly being regarded as vital international export markets too.

'Made in Italy' thrives without EU label law Joe Ayling | 13 May 11

After a period of decline the Italian clothing and textile industry is again winning plaudits by playing its trump card: 'Made in Italy'. Joe Ayling reports on the significance of 'Made in' labels to Italy, and how a stable of luxury brands has conserved the country's reputation for quality.

ITALY: Prada agrees Middle East joint venture Joe Ayling | 27 Apr 11

Italian fashion house Prada Group has inked a deal to open retail stores for its Prada and Miu Miu brands across the Middle East.









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