01913 PRADA
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- -0.200-0.37%
PRADA News
A Look At The Fair Value Of Prada S.p.A. (HKG:1913)
Chaoxun | Prada launches customized services, the miracle night cream of the sea blue mystery debuts, Descente RE:DESCENTE eco-friendly project goes online, Kao Keron children's line new product launches.
Prada's made-to-measure service is constantly refreshed according to the season, introducing different materials and details, and creating new silhouettes to reinterpret classic works with new ideas and ingenuity.
Luxury Brands Have a Strict Hierarchy. Burberry Found Out the Hard Way. -- Heard on the Street -- WSJ
Galliano, Anderson and Prada In, Burberry Out for 2024 Fashion Awards Nominations
Personal Luxury Goods Market Insights & Forecast 2024-2028, With Profiles of Key Players L'Oreal, Compagnie Financiere Richemont, Kering, Hermes International and Prada - ResearchAndMarkets.com
Miu Miu Is Boosting Prada's Growth, But This Could Change -- Market Talk
Analysts Offer Insights on Consumer Cyclical Companies: Stellantis (STLA), Prada SpA (OtherPRDSF) and Hilton Worldwide Holdings (HLT)
Is Prada (HKG:1913) Using Too Much Debt?
The ladies support Miu Miu.
The growth of luxury goods depends on the second-tier brands.
Hong Kong Stock Market Surges: Prada (01913) rose over 6% in the afternoon, with first half performance exceeding expectations. MiuMiu's retail sales were close to doubling.
Prada (01913) rose more than 6% in the afternoon. As of press time, it rose 4.74% to HKD 57.4, with a turnover of HKD 32.7296 million.
Brokerage Focus: Tianfeng Securities raises Prada (01913) to a "buy" rating, expecting Miu Miu's fashion show to bring continued attention to the brand.
Tianfeng's research report states that Prada (01913) had a revenue of 2.55 billion euros in the first half of the year, a 17.4% increase year-on-year; Net income was 0.38 billion euros, a 25.7% increase year-on-year (fixed exchange rate applied). The increase in revenue was mainly due to full-price sales and increase in sales volume. Among them, Miu Miu's retail sales in 1H24 performed exceptionally well, with a year-on-year increase of 92.7%, achieving strong growth in various regions and product categories. Through acclaimed fashion shows and engaging events, Miu Miu's community enthusiasm remained high, and the brand continued to shine. All categories of the brand have performed well.
Hong Kong Retail Sales Improve Slightly But Stay in Decline -- Market Talk
Hong Kong Stock Market Movement | Prada (01913) rose more than 6%, first-half performance exceeded expectations, UBS pointed out that its profit momentum is strong.
Prada (01913) rose more than 6%, as of press time, up 5.67%, at HK$59.6 with a turnover of 27.8249 million Hong Kong dollars.
[Special Guest] Deng Shengxing: Hong Kong stocks continue to fluctuate, the 250-day moving average may become a short-term resistance.
The Hang Seng Index closed at 17,344 on Wednesday (31st), up 341 points or 2%. The total trading volume of the market was 118.8 billion yuan. The National Index rose 2% to close at 6,107; the Science and Technology Index jumped 3% to close at 3,516. HSBC Holdings (00005) announced at noon that it had a pre-tax loss of 0.5% for the first half of the year, and at the same time planned to buy back 3 billion US dollars, driving the stock up 4.6% today. Its subsidiary, Hang Seng Bank (00011), also announced a 0.7% increase in interim profits at noon, but closed down 5.8% for the day, falling below the 100 yuan threshold, becoming a recessionary blue chip stock. Biotech stocks performed outstandingly today, with a drug under Science's (02487) performing exceptionally well, obtaining a license for listing.
Prada: Jefferies Raises Target Price After Miu Miu's Extraordinary Performance
Barclays Remains a Buy on Prada SpA (PRDSF)
Prada Shares Jump Amid Strong Sales Despite Tough Luxury Market
Prada Raised to Buy From Hold by Jefferies >1913.HK
Prada (01913) rose more than 6% after earnings announcement, with mid-term net profit rising by approximately 25.7% year-on-year.
Jingu Finance | Prada (01913) saw its stock price rise after announcing its performance, with a 6.39% increase to HKD 57.4 per share and a turnover of HKD 32.2371 million at the time of publication. The company recently announced that its net profit for the first half of the year ending June 30 was approximately EUR 0.38 billion, a year-on-year increase of approximately 25.7%, with earnings per share of 0.15 yuan and no interim dividend. During the period, net revenue was approximately EUR 2.55 billion, an increase of 17% compared to the same period last year, and net retail sales revenue increased by 18% for the Prada and Miu Miu brands according to fixed exchange rates.
Prada announced its interim results with net profit of 2.549 billion euros, a 17% increase year-on-year at fixed exchange rates.
Prada (01913) released its comprehensive performance for the six-month period ending June 30, 2024. The group's net revenue for the period was 2.549 billion euros, an increase of 17% compared to the same period in 2023 at fixed exchange rates; retail net sales at fixed exchange rates increased by 18% YoY. The announcement stated that the Prada Group achieved a robust performance in the first half of 2024, reflecting strong brand trends and attractiveness. Both Prada and Miu Miu achieved high-quality growth. At the brand level, Prada's retail net sales achieved a steady growth of 5.5% during the period; Miu
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