The fashion house's revenue was 9% higher than the same period a year earlier, adjusted for currency movements, as optimism grows for an upturn in demand for luxury goods.
Arnault has a fortune estimated at $179 billion, ranking him the seventh-richest person in the world. Wednesday's 12% rally for LVMH's shares tacked on about $18.18 billion, an 11.2% increase.
Prada S.p.A. (OTCPK:PRDSY) Q2 2025 Earnings Conference Call July 30, 2025 8:30 AM ET Company Participants Andrea Bonini - CFO & Executive Director Andrea Guerra - CEO & Executive Director Lorenzo Bert

Luxury shopper recovery faces four key headwinds

02:08am, Saturday, 26'th Jul 2025
Investors are on the hunt for signs of green shoots in the luxury market recovery. Currency fluctuations, U.S. shopping spikes and price rises are among the key trends dominating the industry this qua
Prada is a buy due to Miu Miu's explosive growth, Prada's core resilience, and Versace's long-term potential. Despite luxury sector headwinds, Prada has delivered consistent results, outperforming pee
Indian footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, ra
Luxury fashion powerhouse Prada has acknowledged the ancient Indian roots of its new sandal design after the debut of the open-toe footwear sparked a furore among Indian artisans and politicians thous
Prada CEO Gianfranco D'Attis will leave the Italian luxury brand at the end of the month, fashion trade publication WWD reported on Sunday.
Meta Platforms, Inc. META and EssilorLuxottica are preparing to launch new AI-powered smart glasses under the Oakley and Prada brands, according to information obtained by CNBC on Tuesday.
Meta is working on a pair of AI smart glasses with the Italian high fashion brand, Prada, according to a report from CNBC on Tuesday. It's unclear at this time when Meta's Prada smart glasses will be
Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The Oakley version of the glasses may cost around $360 as they
Ad spending on magazines has shrunk by nearly half since the first film came out in 2006, and the doorstop September issue is a thing of the past.
Prada S.p.A. (OTCPK:PRDSY) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants Andrea Bonini - Chief Financial Officer Andrea Guerra - Group Chief Executive Officer Confere
Prada reported higher revenue for the first quarter as its Miu Miu brand continued to benefit from booming sales.

Prada Agrees To Buy Versace in $1.38 Billion Deal

02:40pm, Thursday, 10'th Apr 2025
Prada has agreed to buy Versace for $1.38 billion, in a cash deal aimed at strengthening its position as Italy's largest luxury brand. Tommaso Ebhardt has the latest from Milan.
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