Prada Spa ADROTCPK - Current
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  • Apr. 12, 2015, 3:31 PM
    • The elitist part of the fashion world needs a wake-up call over the exclusion of plus-sizes for many lines, according to a biting op-ed piece in The Business of Fashion penned by Nicolette Mason.
    • "The largest problem is the fashion industry’s attachment to the idea that fashion should be protected for a hyper-privileged slice of the population," writes Mason.
    • Many retail analysts think the industry is missing out on maximizing revenue due to its reluctance to pull away from the older ideas on what sells.
    • Lululemon (NASDAQ:LULU), Abercrombie & Fitch (NYSE:AF), Ralph Lauren (NYSE:RL), and Prada (OTCPK:PRDSF, OTCPK:PRDSY) have been singled out in the past for missing the category.
    • Some retail brands a step ahead in promoting plus-sized apparel include Target (NYSE:TGT), Lane Bryant (NASDAQ:ASNA), Old Navy (NYSE:GPS), Nordstrom (NYSE:JWN), Torrid, Avenue Stores, and Cato (NYSE:CATO).
    | Apr. 12, 2015, 3:31 PM | 19 Comments
  • Feb. 23, 2015, 9:40 AM
    • Prada (OTCPK:PRDSF, OTCPK:PRDSY) reports sales fell 1% in 2014 to €3.55B ($3.98B).
    • A 7% slide in revenue for the company's Asia-Pacific business during the year was influenced by a strong tail-off in luxury demand for the back half.
    • Prada's U.S. sales gained 7% last year.
    • Double-digit sales growth was seen for the Church's and Car Shoe brands.
    | Feb. 23, 2015, 9:40 AM