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Prada's 2014 down for first time since HK listing

Published Mon, Mar 30, 2015 · 09:50 PM

Hong Kong

ITALIAN luxury goods company Prada SpA reported its first drop in annual net profit since it listed in Hong Kong four years ago, as growing retail sales in the Americas and Japan failed to offset declines in Greater China and Europe.

The company reported on Monday that its 2014 net profit fell 28 per cent to 450.7 million euros (S$671.4 million), slightly belo…

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Companies & Markets

Prada's 2014 down for first time since HK listing

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

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