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Prada Group, which owns the brands Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824, and Luna Rossa, has achieved positive results in the first quarter of 2026. Net revenues reached 1.43 billion euros, a 14 percent increase year-over-year (YoY) (+3 percent organic). Retail sales amounted to 1.25 billion euros, up 10 percent YoY (+1...
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Stefano Rosso is new president of Aura Blockchain Consortium
Stefano Rosso, chief executive officer of Marni and president of Maison Margiela (OTB Group), is the new president of Aura Blockchain Consortium. Rosso succeeds Lorenzo Bertelli, chief marketing officer and head of Csr of Prada Group, who has led Aura since its foundation. Aura Blockchain Consortium, the non-profit consortium founded in 2021 by...
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Who is actually shopping in luxury boutiques?
The velvet rope outside a luxury boutique has become as much a fixture of the world's premier shopping streets as the cobblestones beneath them. In Paris, London, Milan, and Tokyo, queues snake past flagship windows with a regularity that suggests demand has never been stronger. But step closer, and a more complicated picture emerges. During...
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