GO
Loading...

Prada SpA

More

  • HONG KONG, Feb 23- Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week. Conglomerate Hutchison Whampoa as well as property firms including Cheung Kong, Sun Hung Kai Properties and New...

  • *HSBC to announce earnings on Monday, Cheung Kong later the week. HONG KONG, Feb 23- Hong Kong shares dipped on Monday, with oil firms and casino operators leading the slide, as investors awaited direction from major corporate earnings later the week, marking a weak start to the Year of Goat. Property group Cheung Kong and conglomerate Hutchison Whampoa are set to...

  • MILAN, Feb 22- Italian luxury fashion house Prada reported a 1 percent dip in annual revenue on Sunday and said it would have to contain costs as growing retail sales in the Americas and Japan failed to offset declines in Greater China and Europe. Chief Executive Patrizio Bertelli blamed a "more uncertain and complex" environment than anticipated for holding...

  • *UBS, Credit Suisse expand off-shoring centers in Poland. WARSAW/ KRAKOW, Feb 15- Swiss financial titans UBS and Credit Suisse are expanding their operations in provincial Poland in a cost-saving drive made more urgent by the surge in the value of the Swiss franc. Even before the Swiss central bank abandoned its cap on the currency in January, the cost of taking on...

  • *Hermes full-year sales eur 4.12 bln vs forecast of 4.13 bln. PARIS, Feb 12- French luxury goods maker Hermes lowered its annual sales growth target for the first time in years to reflect its bigger size and overall industry downturn combined with potential hits from currency swings. Chief Executive Axel Dumas said Hermes now needed to align its sales growth...

  • *Prada opens 250 stores in past three years, plans 30-35 in 2015. Prada is learning that lesson the hard way. The trend in luxury goods is to drum up same store sales by curbing expansion and wowing customers with new products, yet Prada continues to pay over the odds to open swanky new shops and stock them with handbags little changed from previous bestsellers.

  • By Adam Jourdan SHANGHAI, Jan 20- From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad. Tiffany& Co, Macy's Inc, Prada SpA and Christian Dior SA have made moves to woo Chinese...

  • HONG KONG, Dec 1- Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists. Protests began choking parts of the Asia financial centre in late September, disrupting business...

  • HONG KONG, Dec 1- Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists. Protests began choking parts of the Asia financial centre in late September, disrupting business...

  • LONDON, Oct 17- Jimmy Choo inched higher on its London stock market debut, watched closely by even the least fashion-conscious of bankers after a flurry of cancelled listings across Europe. "All eyes are on Jimmy Choo." Shares in the brand opened at 141 pence when conditional trading began on the London Stock Exchange on Friday, up 0.7 percent on the 140 pence offer...

  • *Jimmy Choo growth promises staked on declining China. LONDON/ PARIS, Oct 16- Luxury shoemaker Jimmy Choo is expected to set its London flotation price at 140 pence a share, the bottom of its indicative range, two sources familiar with the matter said on Thursday, amid declining enthusiasm for new issues. Fund managers have also expressed concern that Jimmy Choo had...

  • LONDON/ PARIS, Oct 6- Luxury shoe maker Jimmy Choo is on course to join London's main stock market next week with a value of up to $1.1 billion, industry sources said, citing the initial price range quoted by banks arranging the sale. "Jimmy Choo is a great brand with good growth potential but it has a high capital expenditure ratio and usually we prefer fashion...

  • Oct 3- Pro-democracy protests in Hong Kong have disrupted business and hit share prices of luxury goods companies, ruining what is normally one of the busiest shopping weeks of the year. The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week"...

  • The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week" holiday which runs until Oct. 7th. "As the Golden Week may be responsible for half the month's total, and market anecdotes suggest that sales of the shops have declined by about 70 percent, the...

  • Oct 3- As pro-democracy protesters defy China's Communist Party leaders on the streets of Hong Kong, spare a thought for the luxury retailer. Already hit by Beijing's tenacious anti-corruption campaign that has prompted a sharp pullback in conspicuous consumption among wealthy Chinese, high-end goods makers that increasingly rely on the mainland shopper...

  • *HSI -1.0 pct, H-shares -0.8 pct, China shut for holiday. HONG KONG, Oct 3- Hong Kong shares sank to 4-1/ 2 month lows on Friday, with investors unloading stock amid the continued civil unrest in the city and more gloomy economic news on China. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.8 percent to a more than three-month low.

  • Don Quijote leads Japan tourism push to rake in sales Tuesday, 30 Sep 2014 | 11:36 PM ET

    TOKYO, Oct 1- While Japanese retailers struggle to cope with the burden of a sales tax hike, discount store operator Don Quijote Holdings aims to extend its 25- year run of rising profits by taking a different approach: turning Japan into a tourist mecca.

  • PARIS, Sept 30- Lingerie provider Agent Provocateur is seeing brisk business in Russia, Hong Kong and China, contrary to many other luxury brands, and is rolling out a second line co-designed by actress Penelope Cruz and her sister Monica, its head said.

  • HONG KONG, Sept 30- Hong Kong shares sank to a three-month low on Tuesday, ahead of holidays, as investors steered from risk as they wondered when the city's worst unrest in decades would end and what China's response would be.

  • *Hong Kong August retail sales rebound, up 3.4 pct y/y. HONG KONG, Sept 29- Increasing civil unrest in Hong Kong is scaring off Chinese tourists, heaping further pressure on retailers which are already grappling with a protracted slowdown in sales.