Prada
This coverage explores Prada’s strategy, operations, and market presence within the UK luxury retail sector. Reporting highlights store developments, product launches, marketing campaigns, collaborations, and leadership decisions shaping the brand’s positioning. Designed for retail executives, brand managers, and professionals in premium and luxury markets, the content provides insights into how Prada competes and adapts in a dynamic retail environment.
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Aug- 2022 -15 AugustLuxury Goods
Harrods threatens to replace strikers with agency staff
Harrods has reportedly threatened to use new laws to break possible strikes by using temporary workers from agencies if industrial action persists, Unite has warned. First reported by the Daily Mirror, the luxury retailer is said to have sent a letter to staff working in store services, engineering, maintenance and…
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Mar- 2022 -25 MarchNews
Prada makes three new appointments to management team
The Prada Group has announced three “strategic” appointments to its “top” management team. It revealed Andrea Bonini has been appointed as chief financial officer, Cristina De Dona has been named general counsel, whilst Diego Maletto is the retailer’s new internal auditing director. Starting from May 2 2022, Bonini will take…
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17 MarchClothing & Shoes
Prada FY21 revenues spike 41% to €3.36bn
Prada S.p.A has reported its revenues increased 41% year-on-year to €3.36bn (£2.82bn) in the full year ending 31 December 2021, also up 8% from pre-Covid levels. The group’s net income hit €294m (£246.4m) and EBIT grew to €489m (£409.83m). Prada also revealed its online sales surged 61% year-on-year, five times…
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Feb- 2022 -2 FebruaryClothing & Shoes
Prada appoints two new independent non-executive directors
Prada has announced the appointment of Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors, taking the board up to a total of 11 members. Culpepper and Rugarli were reportedly selected for their professional background in ESG and in accordance with the Diversity Policy of the board of directors. …
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Jun- 2021 -24 JuneDepartment Stores
Selfridges opens garden centre at flagship store
Selfridges London has revealed that its Accessories Hall and the store exterior on Duke and Orchard Streets has been transformed into a garden centre as part of its “Good Nature”, creative theme for 2021. The garden centre sells gardening tools, seeds, indoor and outdoor plants and pots, as well as…
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Mar- 2021 -12 MarchOnline & Digital
JD.com Q4 revenues up 31%
Chinese online retailer JD.com reported a 31% increase in revenues during the fourth quarter of the year to RMB224.3bn (£24.7bn). The Q4 performance has beaten analyst expectations of RMB 220.3bn (£24bn) as the Covid-19 pandemic drove consumers to its online operations. The retailer also reported that income from operations for…
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11 MarchClothing & Shoes
Prada posts £46m loss
Luxury Italian fashion brand Prada SpA has announced a net loss of £46m for the year ended 31 December 2020. While the group reported net profits of £108m for H2 of the financial year, its total revenues for the period fell 24% year-on-year to £2.09bn. Moreover, retail sales at Prada…
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8 MarchLuxury Goods
Dolce & Gabbana suse bloggers over ‘racist’ comment leak
Dolce & Gabbana has filed a lawsuit for defamation against Diet Prada, an Instagram account and fashion watchdog group, who reposted “racist” comments against Asian people, which were allegedly made by one of the designers. The fashion house is suing bloggers Tony Liu and Lindsay Schulyer for over $600m (£434m)…
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Dec- 2019 -20 DecemberClothing & Shoes
Fiona Firth appointed managing director of Net-a-Porter menswear
Fiona Firth has been appointed as managing director of Mr Porter, the menswear arm of online fashion retailer Net-a-Porter. Firth was buying director of the division since April 2016, where she delivered “exceptional campaigns that have redefined the luxury menswear e-commerce experience”. During her tenure, she has helped launch exclusive…
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Feb- 2019 -15 FebruaryNews
Prada creates diversity council after blackface scandal
Prada has created a diversity council headed by American artist Theaster Gates and film director Ava DuVernay, after it was at the centre of a blackface scandal in December. The luxury fashion house said it was forming the council to “elevate voices of colour within the company and fashion industry…
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