MILAN — Defying the economic doldrums, Prada SpA continues to thrive.
Gains in its leather goods division and a strong performance in the Asia-Pacific region helped the luxury group report a jump in earnings and revenues in the nine months ended Oct. 31. Net profit surged 75 percent to 273.2 million euros, or $385.2 million, compared with 156.5 million euros, or $205 million, in the same period last 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)