Latest News for Prada Stock (OTC:PRDSF)

Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

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Perfect Union has promoted Meghan Fort to chief operating officer after serving as the company&#39;s senior vice president of retail.

Meghan Fort Takes On New Role As Chief Operating Officer Of Perfect Union

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Will Sequins Once More Grace This Weekend&#39;s Red Carpet?

Prada SpA

Perfect Union has promoted Meghan Fort to chief operating officer after serving as the company&#39;s&nbsp;senior vice president of retail.
&quot;Meghan&#39;s passion for product and her years of system thinking have already translated into tangible benefits for the company,&quot; stated Denyelle Bruno, CEO of Perfect Union. &quot;Giving her more runway to make an even bigger impact was a no brainer.&quot;
Since joining the Perfect Union team, Fort has supported management systems across the organization&#39;s retail markets. Her prior experience comes from a variety of retail industries, including serving as the VP of North American Retail at Farrow &amp; Ball, where Fort grew sales by 50% over a 3-year period. With stops along the way at Burberry (OTCPK:BBRYF), Vineyard Vines, PRADA (OTCPK:PRDSF) and Ralph Lauren (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rl#NYSE">RL</a>), Fort held roles ranging from store management, human resources and product development.
&quot;I am incredibly grateful for the opportunity to continue growing with Perfect Union and look forward to the ability to work closely with the leadership team to ensure that we are creating the best cannabis experience possible,&quot; said the new COO.
As Perfect Union&#39;s chief operating officer, Fort will oversee the day-to-day administrative and operational functions of Perfect Union as a whole. Her retail experience and strong leadership background provide her with the skills that will aid in her new role.
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The film industry is preparing to cap its 2017 <a href="https://www.benzinga.com/news/17/01/8913216/does-award-season-impact-earnings-in-the-entertainment-space">awards season</a> with the year&rsquo;s most anticipated event &mdash; the Oscars.
And while the celebrated pictures may be eclipsed by highly politicized acceptance speeches and glaring social statements, one standard of the night will not escape its due attention.
The pre-awards red carpet walk is almost as much a show as is the ceremony, and fashion enthusiasts are already predicting this year&rsquo;s designer lineup and reflecting on the seasonal precedents.

<h3>2017 Trends So Far</h3>

<a href="https://www.nytimes.com/interactive/2014/02/02/fashion/red-carpet-project.html?_r=1">Five years ago</a>, it was reds.
Reds and pales, open backs and bustles, sequins and sequins and sequins. The sequins, alone, endured years of fickle trends and made a glare at this year&rsquo;s red carpet events.
According to <a href="http://www.vogue.co.uk/gallery/golden-globe-awards-2017-red-carpet-dresses-fashion-trends">Vogue</a>, the 2017 <a href="https://www.benzinga.com/trading-ideas/long-ideas/16/01/6131521/fox-amazon-and-comcast-big-winners-at-golden-globes">Golden Globe</a> trends were a trio of yellow, tulle and sequin. At the Screen Actors Guild Awards, actors blended in a bit of white, some pinstripes and, in a bizarre twist, bird prints.
Related Link: <a href="https://www.benzinga.com/news/17/01/8944629/and-the-winners-are-oscar-nominees-parent-media-companies">And The Winners Are... Oscar Nominees&#39; Parent Media Companies</a>
For both events, foreign designers were most starkly recognized in runway recaps than were their American competitors. Calvin Klein, which trades under the ticker for PVH Corp (NYSE: <a class="ticker" href="/stock/pvh#NYSE">PVH</a>), was vastly underrepresented &mdash; or at least garnered no publicity for its fashion contributions. Ralph Lauren Corp (NYSE: <a class="ticker" href="/stock/rl#NYSE">RL</a>) was equally disregarded.
So, who did the stars end up wearing?

<h3>The SAG And Globes Precedent</h3>

Viola Davis arrived at the Globes in shimmering yellow Michael Kors Holdings Ltd (NYSE: <a class="ticker" href="/stock/kors#NYSE">KORS</a>). The designer also dressed Sienna Miller in a white, cutout-midriff.
Also at the Globes, Nicole Kidman, Felicity Jones and Zoe Saldana showcased Kering (EPA: KER) &mdash; which brings the names of Alexander McQueen, Gucci and Saint Laurent. Emma Stone flaunted a water-lillied Alexander McQueen at the SAG Awards, where Kidman donned green sequins complete with parrot wings. Salma Hayek paraded a mustard, pink-trimmed Gucci.
LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) brought the silver paillette dress of Ruth Negga and the lace gown of Michelle Williams at the Globes, and Williams showed off a shimmering sheath for the SAG Awards.
With Natalie Portman in white and Kate Hudson in black, Christian Dior SA (EPA: CDI) spanned the spectrum at the SAGs. Portman, along with Jessica Chastain, donned Prada SPA Com EURO (OTC: <a class="ticker" href="/stock/prdsf#OTC">PRDSF</a>) at the Globes.
In the realm of jewelry, Tiffany &amp; Co. (NYSE: <a class="ticker" href="/stock/tif#NYSE">TIF</a>) diamonds brought an extra shimmer out of stars like Reese Witherspoon and Naomie Harris.
For more of Benzinga&#39;s educational content, click <a href="https://www.benzinga.com/general/education">here</a>.

Will Sequins Once More Grace This Weekend's Red Carpet?

Prada SpA (OTC: <a class="ticker" href="/stock/prdsf#OTC">PRDSF</a>) reported a rise in its profit over the first three months of the year. 

Prada's quarterly net profit climbed to 121.7 million euros ($152.14 million), versus EUR57.7 million, in the year-ago period.

Its revenue climbed 48% y/y to EUR686.7 million. Its net operating cash flow came in at EUR180.8 million for the period.

Earnings

Prada Posts Rise In Quarterly Profit

Prada SpA (PRDSF – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst James Grzinic ...

Prada SpA: Hold Rating Affirmed Amid Solid Performance and Cautious Outlook

Barclays analyst Carole Madjo maintained a Buy rating on Prada SpA (PRDSF – Research Report) yesterday and set a price target of HK$60.00. The comp...

Prada SpA (PRDSF) Gets a Buy from Barclays

Joseph Wong, an analyst from CMB International Securities, maintained the Buy rating on Prada SpA (PRDSF – Research Report). The associated price t...

Buy Rating Affirmed for Prada SpA on Strong Q4 Performance and Positive 2024 Outlook

In a report released today, Luca Solca from Bernstein maintained a Hold rating on Prada SpA (PRDSF – Research Report), with a price target of HK$62...

Bernstein Remains a Hold on Prada SpA (PRDSF)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Great Wall Motor Co (GWLLF – Research Repor...

Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Great Wall Motor Co (OtherGWLLF), Red Rock Resorts (RRR) and Prada SpA (OtherPRDSF)

Goldman Sachs analyst Louise Singlehurst maintained a Hold rating on Prada SpA (PRDSF – Research Report) today. The company's shares opened today a...

Goldman Sachs Sticks to Its Hold Rating for Prada SpA (PRDSF)

Prada S.p.A. (PRDSY) Sales Call Transcript

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Prada SpA (PRDSF – Research Report) and Cho...

Analysts Conflicted on These Consumer Cyclical Names: Prada SpA (OtherPRDSF) and Chow Tai Fook Jewellery Group (OtherCJEWF)

In a report released yesterday, Luca Solca from Bernstein maintained a Hold rating on Prada SpA (PRDSF – Research Report), with a price target of H...

Bernstein Sticks to Its Hold Rating for Prada SpA (PRDSF)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Prada SpA (PRDSF – Research Report), Ford M...

Analysts Conflicted on These Consumer Cyclical Names: Prada SpA (OtherPRDSF), Ford Motor (F) and Domino's Pizza (DPZ)

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Latest News for Prada Stock (OTC:PRDSF)

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