|Bid||34.150 x 0|
|Ask||34.250 x 0|
|Day's Range||33.600 - 34.800|
|52 Week Range||24.000 - 37.400|
|PE Ratio (TTM)||37.92|
|Earnings Date||Apr 9, 2018 - Apr 13, 2018|
|Forward Dividend & Yield||0.13 (3.86%)|
|1y Target Est||27.56|
China's luxury goods market is back in fashion. Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, rose at the fastest pace in over half a decade last year and are poised to consolidate the gains in 2018, according to consultancy Bain & Co. Sales of luxury goods in China hit 142 billion yuan ($22.07 billion) last year, up around 20 percent from the year before, Bain & Co said in a report on Wednesday.
Luxury labels are accustomed to tempting fashionistas, and now they're stretching from haute couture to haute cuisine. Gucci opened a 50-seat restaurant, Gucci Osteria, in Florence on Tuesday where three-Michelin-star chef Massimo Bottura will serve up high-end dishes. LVMH (LVMH.PA) announced late last year it would open a second branch of its gourmet grocer La Grande Epicerie in Paris, days before Tiffany's & Co (TIF.N) opened its Blue Box Cafe in New York.
When an Instagram account called Diet Prada called out Gucci for possibly knocking off Harlem tailor and designer Dapper Dan in its 2018 resort collection, the Italian fashion brand headed by Alessandro Michele did two things: it went into business with Dapper Dan. Gucci also asked Diet Prada to take over the label’s Instagram Stories…
Dec 21 (Reuters) - Prada says: * HAS LAUNCHED E-COMMERCE PLATFORM IN CHINA, LIVE FROM DEC. 19 * ON TRACK TO ROLL OUT GLOBAL E-COMMERCE PLATFORM BY END OF JANUARY Further company coverage: (Reporting by ...
Dec 1 (Reuters) - Prada Spa: * ENTERS SPONSORSHIP AGREEMENT WITH LUNA ROSSA CHALLENGE S.R.L. FOR ITS PARTICIPATION IN XXXVI EDITION OF AMERICA'S CUP Source text for Eikon: Further company coverage: (email@example.com)...
Italian fashion house Prada (1913.HK) has signed a cooperation agreement with Italy's tax authorities, it said on Thursday. The scheme, known as cooperative compliance regime, involves an exchange of information between the company and authorities to avoid disputes and help the business to avoid unexpected tax demands. Prada said the move would "strengthen the level of certainty on the most relevant tax matters".
Giorgio Armani's succession plans include a transfer of part of his high-end fashion empire to his charitable foundation in a bid to prevent any takeovers or a break-up of the group, the designer told a newspaper. Last year, Armani, 83, created a foundation in his name which said he planned to lead for the rest of his life. With an estimated fortune of close to $6 billion, he is still active in what is Italy's second-largest fashion group, but has not named a successor.
Despite the strides women have made, stereotypes persist and gender equality is slow coming. As of 2016, a woman earns just above 80 cents for every dollar a man receives — about 20 cents more on the dollar ...
As sales of Gucci’s snake-covered handbags and heels lead the luxury industry’s upswell, many of the brand’s Italian rivals are struggling to catch the wave.
Prada SpA warned that its turnaround plan may take longer than expected as the Italian maker of $2,200 leather totes and $495 Velcro sandals struggles to keep up with rivals’ online expansion and stem ...
Emirates Team New Zealand's successful plan to regain the America's Cup started as soon as they had lost in devastating fashion to Oracle Team USA in San Francisco in 2013. The New Zealand outfit had been highly secretive about their activities during the campaign to win the 35th America's Cup in Bermuda but opened up after clinching the "Auld Mug" on Monday. "After San Francisco, we had a pretty brutal debrief," the team's CEO Grant Dalton told reporters after lifting the cup.
New Zealand lifted the America's Cup on Monday, almost white-washing the U.S. holders with a revolutionary boat and a new superstar sailor avenging a humbling defeat four years ago. Emirates Team New Zealand claimed international sport's oldest trophy with a stunning 7-1 victory in Bermuda's Great Sound, with 26-year-old Peter Burling becoming the youngest helmsman to secure sailing's biggest prize.
Marc Halperin, senior portfolio manager at the $1.6 billion Federated International Leaders Fund, is finding a nice recovery by buying up discount-priced blue chip European stocks.
MILAN (AP) — Susan Sarandon and Courtney Love hobnobbed Sunday in the front row of Prada's first-ever runway show for the midseason Cruise line, which featured frothy pastel looks as pretty as the pastries in the brand's Marchesi cafe downstairs.