PRDSY News and Press, Prada Spa ADR From 01/14/24

2024-01-14 08:44:58 ET Summary In line with the entire luxury sector, Swatch Group's stock has lost momentum over the past year. But it's due for recovery. Swatch's revenue growth accelerated and margins expanded in H1 2023. The company's outlook is encouraging too. While a fu...

2023-11-24 12:30:26 ET More on SPDR S&P Retail ETF: Wall Street Breakfast Catalyst Watch: Walmart, Target's Mixed Signals XRT: Retail Is Still Not Where I Want To Be Holiday sales are buzzing along - outperformers include Barbie, Walmart and Ulta Beauty H...

2023-11-16 07:59:42 ET More on Burberry Burberry: Fashioning A Bright Future Under Daniel Lee Burberry: Good Progress, Competitive Multiples Burberry downgraded to sell at UBS on turnaround risk Prada, luxe retailers are a good bet, but the payoff will take t...

2023-11-11 04:56:21 ET Summary Richemont's stock price has declined by almost 12% YTD following disappointing sales growth in H1 FY24, as the European market slowed down in Q2 FY24 and exchange rates were unfavourable. Despite the sales slowdown, profits remain stable and there is...

2023-11-07 13:59:39 ET Summary Tapestry's acquisition of Capri Holdings is subject to a second request by the FTC, raising potential antitrust concerns. The merger would create the fourth-largest luxury goods firm with a market share of 5.1%. The FTC may focus on MRP mechanics...

2023-11-01 12:24:30 ET Summary Prada's trading update for 9M FY23 shows healthy revenue growth for the period, but there's a slowing down in Q3 FY23. A combination of an unfavourable exchange rate and a genuine slowing down in demand in key markets indicates that growth in the fut...

2023-10-20 15:00:13 ET More on the markets S&P 500 Will Likely Underperform And 5% Money Markets Are NOT The Answer Equities Climbing A Wall Of Worry (Technical Analysis) SPY: Short-Term Bounce Testing The Downtrends (Technical Analysis) Here is why you s...

2023-09-30 21:57:06 ET Summary Prada's ADR has seen a 23% drop since April on a weakening sentiment for the luxury sector. This is despite the company's financials showing strong revenue growth and improved operating margins in H1 FY23. Expectations of a significant slowdown i...

2023-09-26 15:10:37 ET More on Compagnie Financière Richemont SA, LVMH Moët Hennessy, etc. LVMH: Robust Growth With An Attractive Valuation Prada, luxe retailers are a good bet, but the payoff will take time: BofA European luxury stocks are viewed cautiousl...

2023-09-25 16:09:26 ET More on Hugo Boss, Burberry Group, etc. Compare metrics for BOSSY to BURBY, PANDY, PRDSY, SWGAY The Swatch Group: Growth In China And U.S. Markets Supports Price Rise Probability Ermenegildo Zegna: Further Margin Improvement Possible Ta...