Miu Miu
This coverage examines Miu Miu’s retail strategy and performance in the UK, offering insights for professionals overseeing luxury fashion operations, brand development, and market positioning. It reports on store openings, including the reopening of its New Bond Street flagship, marketing initiatives, leadership changes, and financial performance—highlighting the brand’s significant growth within the Prada Group. The reporting also addresses Miu Miu’s engagement with cultural trends and its impact on consumer behavior, providing context for strategic decision-making in the premium fashion sector.
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Mar- 2025 -24 MarchFeatures
What does the future hold for Versace?
Versace, the Italian luxury brand known for its bold, glamorous aesthetic, has long been synonymous with excess, opulence, and cutting-edge fashion. Founded by Gianni Versace in 1978, the brand quickly rose to prominence in the fashion world, attracting an elite clientele and global recognition. Over the years, the house has…
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4 MarchNews-In-Brief
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies offered to divest stores in Aberdeen, Inverness, Edinburgh, and Dorking to address competition concerns. The CMA had initially warned that the merger could reduce market competition, prompting an in-depth investigation.…
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4 MarchLuxury Goods
Prada nears €1.5bn Versace takeover deal
Prada is reportedly edging closer to acquiring Versace for €1.5bn (£1.2bn), the FT has reported. According to sources briefed on the discussions, after months of talking between Prada and Capri, which owns brands including Michael Kors and Jimmy Choo, an agreement could come “within weeks”. The talks have been prolonged…
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Sep- 2024 -5 September
Today’s news in brief-5/9/24
Asos has sold a majority stake in Topshop and Topman to Heartland, a move valued at £135m. Heartland, owned by Bestseller, will acquire a 75% stake while Asos retains 25%. The deal includes rights for Asos to continue marketing the brands online under a new joint venture, aiming to streamline…
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5 SeptemberClothing & Shoes
Dior appoints Miu Miu CEO as managing director
LVMH-owned Christine Dior has announced the appointment of Miu Miu CEO Benedetta Petruzzo to the executive committee as managing director, effective 15 October 2024. Petruzzo will officially replace current managing director Charles Delapalme and will report to Delphine Arnault, chairman and chief executive officer of Christian Dior Couture. In her…
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Jul- 2024 -31 JulyLuxury Goods
Prada’s revenues hit €2.5bn in H1
Prada Group’s revenues increased 17% YoY to €2.5bn (£2.1bn) during the first half of the year ended 30 June. Retail sales for the group increased 18% YoY to €2.2bn (£1.8bn), driven by like-for-like and full-price volumes. EBIT reached €575m (£485m). Sales at Prada during the first half of the year…
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May- 2023 -12 MayClothing & Shoes
Prada net revenues jump 22% to €1.06bn
Prada has reported that its net revenues increased 22% to €1.06bn (£928m) YoY despite an uncertain macroeconomic environment, according to its first quarter financial report ended 31 March 2023. It also achieved retail sales of €953m (£830m) in the first quarter of 2023, marking a 23% increase YoY, compared with…
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Mar- 2023 -10 MarchClothing & Shoes
Prada reports profits rise 21% to €4.2bn for FY22
Prada Group has reported that its 2022 revenues increased to €4.2bn (£3.7bn), marking a 21.3% rise over 2021, according to its financial for the period ending 31 December 2022. It said that retail sales, which increased 23.8% to €3.7bn (£3.27bn), was the primary driver, as well as organic expansion at…
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Dec- 2022 -8 DecemberLuxury Goods
Prada eyes new CEO amid leadership reshuffle
Italian luxury fashion house Prada is reportedly looking to recommend Andrea Guerra, the former CEO of Luxottica, as the new group CEO at the next board meeting on 26 January 2023. This was triggered by co-CEOs Miuccia Prada and Patrizio Bertelli’s decisions to step down from their roles. However, Miuccia…
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May- 2021 -19 MayOnline & Digital
Vestiaire Collective appoints VP of global marketing and branding
Vestiaire Collective has announced the appointment of Vanessa Masliah as VP of global marketing and branding. She will report to Clara Chappaz, chief business officer and will be based at the company’s Paris headquarters. Masliah brings 20 years of experience leading international marketing and communication for a number of businesses…
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