Prada S.p.A.

Italian fashion group Prada sees sales rising further in the second half of the year after revenues beat market expectations in the first six months, extending a recovery from the worst of the COVID-19 crisis.

Italian fashion group Prada expects revenues to grow to 2.9-3.1 billion euros this year after a pandemic-driven fall to 2.42 billion euros in 2020, CEO Patrizio Bertelli told Reuters.

Italian fashion group Prada's sales and profits rebounded at the end of last year from a first-half slump due to the coronavirus pandemic, boosted by a strong performance in China and elsewhere in Asia, and the positive trend has carried on into 2021.

As Britain and Italy go head-to-head for the right to challenge New Zealand for the America's Cup, the teams' billionaire backers will have their colours emblazoned across the hulls and sails of their futuristic "foiling" yachts.

Italian luxury group Prada sees revenues rising to 5 billion euros ($6.1 billion) in four to five years, its chief executive said on Thursday.

Italian luxury label Prada has ended all cooperation with Chinese actress Zheng Shuang, a week after appointing her as a brand ambassador, after she was engulfed in a surrogacy controversy that has enthralled the Chinese public. Prada made the announcement late on Tuesday...

Italian fashion group Prada said on Tuesday that it would close 2020 with an operating profit despite the hit from the coronavirus crisis, after revenues and profitability improved markedly in the second half of the year.

Italian luxury group Prada <1913.HK> said on Wednesday it had appointed Malika Savell its chief diversity, equity and inclusion officer for North America as it seeks to make the group more inclusive.

Italian luxury goods group Prada's <1913.HK> sales in China have recovered strongly since shops reopened there and to date have risen well above last year's levels, Chief Executive Patrizio Bertelli told Reuters on Friday.

Luxury goods group Prada's sales in China have recovered strongly since shops reopened there and to date are well above last year's levels, Chief Executive Patrizio Bertelli told Reuters on Friday.

Italian fashion group Prada <1913.HK> said on Wednesday sales had recovered sharply in Asia since June after the fallout from the coronavirus pandemic triggered a 40% decline for comparable revenues globally in the first half of the year.

Italian fashion group Prada said on Wednesday sales had recovered sharply in Asia since June after the fallout from the coronavirus pandemic triggered a 40% decline for comparable revenues in the first half of the year.

Sales at Italy's Prada <1913.HK> are growing at double-digit rates in Asia while any forecast for the American market is hard to make due to the health emergency, the Chief Executive of the luxury group Patrizio Bertelli said on Thursday.

Prada CEO Patrizio Bertelli says in an interview with Corriere.it:

Fashion house Prada <1913.HK> said on Thursday it had restarted production at several sites across Italy after almost two months of strict lockdown to contain the spread of the coronavirus.

Italy's Prada said on Thursday it had gradually reopened production in several sites across Italy after almost two months of lockdown imposed to contain the spread of coronavirus.

* PRADA SPA ANNOUNCES WITHDRAWAL OF RECOMMENDATION TO DISTRIBUTE FINAL DIVIDEND

Coronavirus has halted two years of sales growth at Italian fashion group Prada <1913.HK>, which accelerated in the second half of 2019, the company said on Wednesday.

Sales at Italian fashion group Prada rose by 2.7% at current exchange rates in 2019, but warned that it expected a negative impact on 2020 results due to the coronavirus outbreak.