Prada shares slump to two-year low

Published: 18-Jun-2014
Finance

Sales fell in the last reported quarter, as Adrian Holliday reports

You need to be a subscriber to read this article.
Click here to find out more.

Is the world’s love affair with Prada over? Glancing at Prada’s latest Q1 results, there’s a certain lack of connection between buyer and seller: sales actually fell in the last quarter, down 0.6% to €777.7m, some distance from the €813m figure expected by Wall Street.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

Liberty names ex-Versace executive Alex Pregnolato CFO

Read more
The seasoned luxury retail sector executive has joined the luxury department store, effective immediately, stating it to be an ‘honour’

Trending Articles

  1. Estée Lauder Companies, Beiersdorf and Puig among Saks Global creditors owed millions Saks Global’s Chapter 11 bankruptcy filings have revealed the US luxury retailer’s biggest creditors, which includes some of the biggest names in beauty and fashion
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    L’Oréal to phase out Valentino Beauty’s brand operations in Korea The French giant, which holds the licence to produce the Italian fashion house’s beauty products, has confirmed it will cease Valentino Beauty’s brand operations in Korea in Q1 2026
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    Why Pat McGrath Labs landed on the auction block, and where it is headed next With Dame Pat McGrath’s eponymous brand assets up for auction at the end of January, Cosmetics Business explores the future of the make-up darling and what its new owners should do to bring the business forward in 2026
  4. Is Estée Lauder Companies planning to sell Dr. Jart+, Too Faced and Smashbox? It is alleged that the beauty giant is reportedly mulling a deal to offload all three brands, according to a new report, as it continues with its ongoing ‘Profit Recovery and Growth Plan’
  5. Leonard Lauder’s family to sell $1 billion worth of Estée Lauder Companies shares The heir of founder Estée and Joseph Lauder died in June, and cash raised from the sale will be used by his descendants to settle his estate

Upcoming event

Cosmoprof North America Miami 2026

27-29 January 2026 | Miami, USA See all

You may also like

Finance

Liberty names ex-Versace executive Alex Pregnolato CFO

The seasoned luxury retail sector executive has joined the luxury department store, effective immediately, stating it to be an ‘honour’
Fragrance

L Catterton snaps up minority stake in French perfume house Ex Nihilo

The private equity firm created by LVMH, Groupe Arnault and Catterton has acquired the perfume brand from asset manager Eurazeo
Finance

LVMH sells part of luxury travel retail business DFS to CTG Duty-Free

The luxury giant has has agreed a deal with CTG Duty-Free for DFS’s Hong Kong and Macau stores, along with other assets in Greater China
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Indu exits make-up to double down on skin care and international expansion

The teen focused beauty brand is dropping its colour cosmetics line to focus solely on skin care as the British brand goes international in 2026. Indu co-founder Aaron Chatterley reveals all to Cosmetics Business
Finance

Unilever Ventures invests in India’s Secret Alchemist and SkinInspired brands

The capital raised with participation from Unilever’s investment branch will be used to expand both Indian brands' portfolios and beauty offerings
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

L’Oréal to phase out Valentino Beauty’s brand operations in Korea

The French giant, which holds the licence to produce the Italian fashion house’s beauty products, has confirmed it will cease Valentino Beauty’s brand operations in Korea in Q1 2026
Finance

Estée Lauder Companies, Beiersdorf and Puig among Saks Global creditors owed millions

Saks Global’s Chapter 11 bankruptcy filings have revealed the US luxury retailer’s biggest creditors, which includes some of the biggest names in beauty and fashion
Subscribe now