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.
Prada first half profits slump 21%
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.
Click here to find out more.
You may also like
Colour Cosmetics
Estée Lauder Companies CEO opens up about M&A and ‘incubating new brands’
Read moreStéphane de La Faverie has confirmed he is ‘looking at [ELC’s] portfolio’ as the beauty giant enters the second year of its ‘Beauty Reimagined’ transformation plan, stating the business ‘will always be a part of the M&A discussion’
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
Colour Cosmetics
Estée Lauder Companies CEO opens up about M&A and ‘incubating new brands’
Stéphane de La Faverie has confirmed he is ‘looking at [ELC’s] portfolio’ as the beauty giant enters the second year of its ‘Beauty Reimagined’ transformation plan, stating the business ‘will always be a part of the M&A discussion’
Finance
Sephora UK to launch new boutique store concept this summer to accelerate growth
The LVMH-owned beauty retailer will debut two new specialised boutiques in London this year, driven by customer feedback for ‘smaller, more intimate spaces’ that serve their needs ‘without the time commitment of a destination shop’
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Finance
Beauty’s biggest brand closures and administration troubles in 2026 so far
The tough economic challenges from last year have bled into 2026 with harsh consequences, with beauty businesses Malin + Goetz, Gwen Stefani’s GXVE, Claire’s UK, CoverFX, Mally Beauty and Sak’s Global having either closed or been placed into administration
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.