Prada Group

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ITALY: Salvatore Ferragamo ready for IPO - report | 14 Apr 11

Italian fashion house Salvatore Ferragamo has opted to list its shares on the Italian Stock Exchange, reported local media.

UK: Smiths of Peterhead enters administration | 11 Feb 11

Historic textiles business Smiths of Peterhead has gone into administration after failing to reach agreement with a major creditor.

ITALY: Prada posts 31% annual sales growth | 10 Feb 11

Italian fashion house Prada has ended fiscal 2010 with consolidated revenues of EUR2bn (US$2.7bn), showing 31% growth.

ITALY: Prada to list on Hong Kong Stock Exchange Joe Ayling | 27 Jan 11

Italian luxury goods company Prada has today (27 January) announced plans to list the company's shares on the Hong Kong Stock Exchange.

UK: Todd & Duncan names deputy managing director | 20 Jan 11

Cashmere yarn spinner Todd & Duncan has promoted its finance director Iain Cormack to the additional role of deputy managing director.

UK: Winners of 2010 fashion awards announced | 8 Dec 10

The British Fashion Council has named Phoebe Philo, creative director of Celine as the winner of the British Designer of the Year Award.

ITALY: Prada profits ahead of last year | 25 Nov 10

Italian luxury goods firm Prada Group saw profits for the first nine months of the year exceed the whole of last year.

November management briefing: Part III - RFID applications become increasingly diverse | 24 Nov 10

With the rapidly escalating use of RFID at all levels of the supply chain, there are literally hundreds of shapes and sizes of tags and readers - not to mention software and associated electronic systems - available on the market. RFID tags or transponders can be as small as a grain of rice or as large as a credit card, and readers likewise vary in capability, complexity and price.

Warnaco continues CK spending spree Joe Ayling | 6 Oct 10

US swimwear firm Warnaco Group's decision to snap up a number of Calvin Klein retail operations in Italy should come as no surprise given the company's global strategy of late.

COMMENT: Zara - is it time to upgrade to version 2.0? | 22 Sep 10

Fashion retail giant Inditex today (22 September) posted a 68% hike in first-half net profit, buoyed by international expansion. But as its flagship Zara brand becomes an increasingly global phenomenon, David Birnbaum wonders whether its business model is now due an overhaul in line with its overseas growth.

ITALY: Prada reports HY sales boost | 17 Sep 10

Italian luxury goods firm Prada has posted strong first-half sales growth, buoyed by 41% growth in directly operated stores.

GLOBAL: Louis Vuitton tops fashion brand rankings | 16 Sep 10

Louis Vuitton continues to lead a pack of ten fashion names named in the latest rundown of the top 100 global brands drawn up by Interbrand.

ITALY: Prada takes full control of Car Shoe Joe Ayling | 14 Sep 10

Italian fashion house Prada has taken full control of the Car Shoe footwear and accessories brand, it told just-style.

ITALY: Prada reports strong first quarter | 5 Aug 10

Prada Group has reported a 29% rise in its first half revenues. The company said it had seen growth in all its distribution channels.

ITALY: Prada inks new EUR360m loan agreement | 13 Jul 10

Italian luxury goods firm Prada has entered into a new EUR360m (US$455m) loan agreement with its lenders.

ITALY: Prada to consider restarting IPO plans Joe Ayling | 28 Jun 10

Italian luxury goods company Prada is expected to renew plans for an initial public offering (IPO) on the stock market.

ITALY: Prada enjoys Q1 retail surge | 27 May 10

Italian luxury group Prada has reported improved net earnings for the first quarter after boosting its retail sales network.

COMMENT: How influential are the new fashion youth? Mudpie | 28 Apr 10

In today's technological age, advances are wired in place to help designers astound the fashion world with both new and revisited innovative creations. Designers are seeking inspiration from more than just their minds as they take to the streets in a bid to find ideas.

In the money: Fashioning an IPO Joe Ayling | 26 Feb 10

The lure of a stock market flotation has tempted fashion retailers including New Look, Express and Supergroup in recent months. Joe Ayling reports on the current climate for initial public offerings (IPOs).

ITALY: Prada expects to beat 2009 forecasts Joe Ayling | 9 Feb 10

Italian fashion house Prada says it is 'entirely satisfied' with preliminary figures which suggest 2009 profit growth was ahead of plan, helped by an expanded retail presence.

TURKEY: Söktas licensed to make odour-free shirt fabrics | 29 Sep 09

Söktas has signed an exclusive licensing agreement with Nano-Tex, in a deal that makes it the only mill in Europe and Turkey licensed to manufacture shirting fabrics treated with the Neutralizer technology that eliminates body odour.

UK: Fashion chains hold steady in brand rankings Joe Ayling | 18 Sep 09

Clothing chain Zara was among this year’s top gainers in latest brand value rankings, but Swedish retailer H&M still finished above its rival.

US: Coach taps Prada US head for new Reed Krakoff unit | 17 Sep 09

Luxury handbag and accessories maker Coach Inc has confirmed to just-style that it has hired Graziano de Boni, the head of Prada's US operations, to run its new upscale Reed Krakoff line.

TURKEY: Leather workers' dispute ends at DESA | 9 Sep 09

A long-running dispute at the DESA leather factory in Turkey has come to an end after the company agreed to reinstate some former workers and give priority to others when it hires new staff.

UK: Cheaney Shoes in management buy-out | 9 Sep 09

Luxury shoe firm Cheaney has been bought by its former management from Church & Co, a subsidiary of the Prada Group.

UK: Shopper expectations rising with recession | 23 Jul 09

The onset of a recession in the UK has prompted a tidal shift in shopping habits, with the emergence of the "hyper-sensitive consumer", a study out today (23 July) has found.

INDIA: Higher costs push S Kumars to FY profit drop | 3 Jul 09

Indian fabric and apparel maker S Kumars Nationwide Ltd, one half of an investment group that has successfully bid for bankrupt US suit maker Hartmarx Corporation, has posted a 5.1% drop in full-year profit as soaring sales failed to offset higher costs.

ITALY: Prada negotiates loan extension - report | 3 Jul 09

Italian fashion firm Prada has won a two-year extension to loans taken out with its main creditor, according to local media reports.

UK: Chinese firm buys Dawson's Todd & Duncan unit | 17 Jun 09

Scottish textile firm Dawson International Plc has agreed to sell its Todd & Duncan business cashmere yarn spinning business to one of its Chinese suppliers, seven months after discussions began.

ITALY: Prada denies investor talks, names new COO | 12 Jun 09

Italian fashion house The Prada Group says it has no plans to sell a stake in its business, hitting back at local media reports that said it was in talks with private equity firms.









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