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Prada Group closes H1 with a 16 percent increase in net revenue
Prada spa reported net revenue of 3.048 billion euros (3.50 billion dollars) in the first half ending June 30, an increase of 16 percent year-over-year (plus 5 percent on an organic basis). The company closed the second quarter with 7 percent growth. According to a statement from Prada spa, retail sales amounted to 2.633 billion euros. This is...
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Adidas Q2 net sales improve, lifts annual sales growth outlook; Birgit Kretschmer named CFO
Adidas AG, the German athletic apparel, footwear, and related products company, on Thursday reported a decline in net profit for the second quarter of fiscal 2026, hurt by loss from discontinued operations. However, the company recorded a rise in net sales, helped by improved demand. For the three-month period, the company reported a net income...
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