MILAN — Despite the uncertain economy, Prada SpA saw profits and sales soar in the first quarter, lifted especially by growth in the Asia-Pacific region and Europe, and a strong performance in leather goods.
In the period ended April 30, the Italian luxury firm’s net profits climbed to 121.7 million euros, or $160.6 million, up 111 percent from 57.7 million euros, or $80.7 million, in the same period the previous year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)