MILAN — Prada SpA posted a 13.5 percent increase in net profits in the first quarter, lifted by the strong performance of its retail division, and growth in the Asia-Pacific and the U.S.
In the three-month period ended April 30, the Italian luxury firm’s net profits climbed to 138.2 million euros, or $181 million, compared with 121.7 million euros, or $160.6 million, in the same period the previous year. Revenues gained 13.9 percent to 782.3 million euros, or $1.02 billion, from 686.7 million euros, or $906.4 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"