Prada Group

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ITALY: Prada to dispose of Church's business? | 24 Apr 06

Italy-based luxury group Prada might resort to selling its stake in footwear business Church’s in a bid to improve its finances, La Stampa reported.

ITALY: Santucci takes helm at Malo | 21 Apr 06

Giacomo Santucci, ex-managing director at luxury goods group Gucci, has been appointed president of Malo, a subsidiary of clothing and accessories group IT Holding.

CHINA: Luxury companies win Silk Street fake goods case | 19 Apr 06

Five luxury fashion companies have triumphed against fake good sellers after a court ruled the counterfeit vendors would have to pay out and stop selling rip-off goods.

CHINA: Fake goods vendors switch to online selling | 5 Apr 06

Shanghai's infamous Xiangyang market, once notorious for dealing mostly in knock-off brand name fashions and due for closure by the authorities this May, has found a new life online.

ITALY: Prada sells Helmut Lang to Link Theory | 17 Mar 06

Italy-based fashion house Prada said it is selling the Helmut Lang brand to Japan's Link Theory Holdings as part of a strategic reorganisation.

ITALY: Prada selling Jil Sander to Change Capital Partners | 23 Feb 06

Italian fashion company Prada SpA has agreed to sell its Jil Sander unit to private equity firm Change Capital Partners.

Clamping down on Chinese copycats | 23 Jan 06

Following China’s promise over a year ago to crack down on fake goods including the country’s enormous fashion label-counterfeiting industry, industry watchers have been keen to see the results of government efforts to halt the crime. Michael Fitzpatrick reports.

CHINA: Clothing market appeals piracy ruling - report | 9 Jan 06

Beijing Xiushui Haosen Clothing Market is fighting a court ruling against it connected to the sale of fake branded goods, the Financial Times reported.

UK: Kurt Geiger trading buoyant, 2006 growth plans | 6 Jan 06

Luxury shoe company Kurt Geiger said it enjoyed strong trading between 1 August and 31 December 2005, with a particularly pleasing Christmas period.

CHINA: Luxury labels win case against fake goods sellers | 4 Jan 06

Luxury labels including Chanel and Prada have won a court victory against a vendor of counterfeit goods in China, Bloomberg reported.

ITALY: Prada names control director, HR manager | 16 Dec 05

Fashion house Prada has named Armando Tolomelli as control director and Cinzia Tito as human resources manager of the business, press reports said.

UK: Prada Shoes Banned From Manchester Nightclubs | 9 Nov 05

Luxury label Prada could be in danger of stealing Burberry’s crown as the label of choice for Britain’s hooligans, if the recent banning of its shoes at Manchester nightclubs is anything to go by.

USA: Four Charged In $1.4m Counterfeit Case | 4 Nov 05

Four Massachusetts citizens have been charged with money laundering and trafficking, and conspiring to traffic in more than $1.4 million worth of counterfeit luxury handbags and wallets.

CHINA: Luxury Labels To Sue Beijing's Silk Alley? | 2 Nov 05

Five luxury goods labels have sued Beijing's Silk Alley market for the alleged sale of fake goods bearing their names, according to the Beijing Times.

ITALY: Prada Eyes 23.5% Annual Growth For 5 Years | 1 Nov 05

Luxury fashion label Prada is pursuing annual growth of 23.5 per cent over the next five years, according to statements given to its banks.

GERMANY: Jil Sander Axes 130 With Plant Closure | 11 Oct 05

Upmarket fashion label Jil Sander AG is axing 130 employees in Hamburg, Germany, as it shifts operations to Italy, financial newspaper Boersen-Zeitung said.

GERMANY: Jil Sander Narrows H1 Net Loss, Turnover Up | 19 Sep 05

German fashion house Jil Sander, a unit of Italian luxury goods group Prada, has narrowed its first-half net loss to €9.7 million, compared with a net loss of €15.3 million in the January to July period of 2004.

GERMANY: Jil Sander Exits German Manufacturing | 19 Jul 05

German designer label Jil Sander is to shut its only remaining German manufacturing site as part of an ongoing restructuring plan.

COLOMBIA: Le Collezioni To Distribute Loro Piana | 16 Jun 05

Colombian clothing distributor Le Collezioni has agreed a contract with Italian garment maker Loro Piana to exclusively distribute its products in Colombia.

GERMANY: Raf Simons Takes On Design At Jil Sander | 26 May 05

Belgian designer Raf Simons has been named as fashion label Jil Sander’s new creative director, ending months of speculation over who will replace the label’s founder.

ITALY: Prada Reveals Chinese Growth Plans | 20 May 05

Luxury goods group Prada Holding NV has revealed plans to expand further into China to take advantage of the fast pace of market growth there.

GERMANY: Jil Sander Reports FY Loss Of €34.6m | 6 May 05

Luxury brand Jil Sander AG, which is owned by the Prada fashion house, has posted a net loss of €34.6 million for 2004, affected by unfavorable exchange rates, store operating costs and product development expenses.

ITALY: Tommy Hilfiger, Diesel In Bidding For Helmut Lang? | 3 May 05

Luxury goods house Prada is in discussions over a sale of its Helmut Lang label, according to The Times newspaper.

ITALY: Prada To Sell Jil Sander, Helmut Lang Brands? | 21 Apr 05

Luxury fashion house Prada Holding NV is in talks to sell German brands Jil Sander and Helmut Lang after failing to push up the units’ profits, the Boersen-Zeitung newspaper quoted sources close to the company as saying.

GDS: Fur will be flying next winter | 1 Apr 05

Feet are going to be warm and cosy next winter. Fur, both real and synthetic, was all around at the latest GDS shoe fair in Germany, on the inside and outside of shoes as well as boots, writes Penny Leese.

GERMANY: Jil Sander Ends German Production | 10 Mar 05

Fashion house Jil Sander, which is owned by Prada, says it will shift its remaining German manufacturing operations to Italy in an attempt to cut costs.

ITALY: Designer Helmut Lang Quits Prada | 24 Jan 05

Fashion house Prada has confirmed media reports that Helmut Lang has resigned as creative director of the brand bearing his name.

UK: Prada Deep In Debt Despite Investments | 5 Jan 05

Luxury clothing label Prada is in severe financial trouble, according to reports revealed today.

ITALY: Prada Delays IPO Again | 1 Dec 04

The Prada Group fashion house has again postponed plans for an initial public offering of its stock.

ITALY: Prada Names Two New Top Executives | 24 Nov 04

Luxury goods company Prada has named two new top executives following the sudden exit of chief financial officer Ricardo Stilli from the company last month.









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