Prada first half profits slump 21%

Published: 4-Oct-2014
Finance

The luxury goods maker says first half net profits slid 21% to €244.8m in comparison to €308.2m the year before, a decline that was not helped by foreign exchange damage

You need to be a subscriber to read this article.
Click here to find out more.

Prada has also been hit by currency gusts. The luxury goods maker says first half net profits slid 21% to €244.8m in comparison to €308.2m the year before, a decline that was not helped by foreign exchange damage.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

PZ Cussons to sell St. Tropez in bid to return to growth

Read more
The owner of Charles Worthington and Sanctuary Spa has struggled with declining sales with its Africa business hit by devaluation of the Nigerian naira

Trending Articles

  1. THG revenue growth boosted by beauty's 'standout performance' The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
  2. The Body Shop's downfall triggered by failing to secure credit The beauty company’s owner Aurelius Group failed to secure new funding, according to reports in The Telegraph
  3. Puig sets IPO target for close to €14 billion The Spanish beauty giant plans to sell Class B shares at €22 to €24.50 each, which would value the group between €12.7bn and €13.9bn
  4. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands
  5. L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up

Upcoming event

China Beauty Expo

22-24 May | Shanghai, China See all

You may also like

Finance

PZ Cussons to sell St. Tropez in bid to return to growth

The owner of Charles Worthington and Sanctuary Spa has struggled with declining sales with its Africa business hit by devaluation of the Nigerian naira
Finance

Former investor accuses Revolution Beauty of ‘deceit’ and seeks £45.2 million claim

Chrysalis Investments is taking legal action against the fast beauty retailer, accusing it of ‘negligent misstatement and/or misrepresentation’
Finance

THG revenue growth boosted by beauty's 'standout performance'

The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
Finance

The Body Shop's downfall triggered by failing to secure credit

The beauty company’s owner Aurelius Group failed to secure new funding, according to reports in The Telegraph
Finance

Puig sets IPO target for close to €14 billion

The Spanish beauty giant plans to sell Class B shares at €22 to €24.50 each, which would value the group between €12.7bn and €13.9bn
Finance

L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up

The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Exclusive: Glossier reopens UK Black Beauty Grant Programme

In partnership with Black Girl Fest, the brand is looking to once again provide funding to five ‘early stage’ Black beauty founders in the UK
Subscribe now