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Cartier and Prada Become Bargains in Brazil
2015-08-14 14:16:05| Jewelry - Topix.net
Cartier and Louis Vuitton, those global symbols of opulence, suddenly look like bargains in one of the world's economic trouble spots: Brazil. Because of a plunge in the value of Brazil's currency, the real, many marquee-name luxury products are now cheaper in Sao Paulo than they are in New York.
Tags: in
brazil
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prada
Prada Q1 earnings slide on Asia headwinds
2015-06-12 17:04:27| Daily apparel & textile news and comment - from just-style.com
Italian fashion house Prada saw earnings in its first-quarter slide as the company faced headwinds and difficult market conditions in Asia Pacific.
Tags: asia
slide
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prada
Prada and Cartier lose shine in $9.2b hit to luxury brands
2015-05-27 13:15:35| Apparel - Topix.net
The Devil Wears Prada? The luxury brand feted in the 2006 comedy with Meryl Streep has taken a 35 per cent hit to the perceived value of its brand. The value of the top 10 luxury-goods brands fell 6 per cent, or $US7.1 billion, to $US105 billion as companies from Prada to Cartier grappled with slowing sales in China and Russia, according to a global market report.
Prada FY hit by slowdown in growth
2015-03-30 13:07:39| Daily apparel & textile news and comment - from just-style.com
Italian fashion house Prada said a slowdown in the rate of growth and an increase in costs linked to retail network expansion hit operating margins in its last fiscal.
Prada profit takes a hit from China
2015-03-30 06:42:08| BBC News | Business | UK Edition
Italian luxury goods retailer Prada sees its net profit fall 28% last year as sales slumped in major markets of China and Europe.