Prada has also been hit by currency gusts. The luxury goods maker says first half net profits slid 21% to €244.8m in comparison to €308.2m the year before, a decline that was not helped by foreign exchange damage.
Prada first half profits slump 21%
The luxury goods maker says first half net profits slid 21% to €244.8m in comparison to €308.2m the year before, a decline that was not helped by foreign exchange damage
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Finance
Rituals Profit Pledge charitable initiative is defying beauty market turmoil. Here’s how…
The Dutch beauty brand’s Profit Pledge initiative donates 10% of its annual income to charitable causes despite good or bad financial results. But in the face of global and geopolitical turmoil, how can Rituals maintain such a considerable level of donation?
Regulatory
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