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Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates EUR 4.7 billion in sales, with over 80% from the Prada brand. Leather goods make up 46% of retail sales, ready-to-wear 32%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 35% of retail sales, followed by Europe at 31%, 18% in the Americas, and 12% in Japan.

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Perfect Union has promoted Meghan Fort to chief operating officer after serving as the company&#39;s senior vice president of retail.

Meghan Fort Takes On New Role As Chief Operating Officer Of Perfect Union

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Will Sequins Once More Grace This Weekend&#39;s Red Carpet?

Prada SpA

Perfect Union has promoted Meghan Fort to chief operating officer after serving as the company&#39;s&nbsp;senior vice president of retail.
&quot;Meghan&#39;s passion for product and her years of system thinking have already translated into tangible benefits for the company,&quot; stated Denyelle Bruno, CEO of Perfect Union. &quot;Giving her more runway to make an even bigger impact was a no brainer.&quot;
Since joining the Perfect Union team, Fort has supported management systems across the organization&#39;s retail markets. Her prior experience comes from a variety of retail industries, including serving as the VP of North American Retail at Farrow &amp; Ball, where Fort grew sales by 50% over a 3-year period. With stops along the way at Burberry (OTCPK:BBRYF), Vineyard Vines, PRADA (OTCPK:PRDSF) and Ralph Lauren (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rl#NYSE">RL</a>), Fort held roles ranging from store management, human resources and product development.
&quot;I am incredibly grateful for the opportunity to continue growing with Perfect Union and look forward to the ability to work closely with the leadership team to ensure that we are creating the best cannabis experience possible,&quot; said the new COO.
As Perfect Union&#39;s chief operating officer, Fort will oversee the day-to-day administrative and operational functions of Perfect Union as a whole. Her retail experience and strong leadership background provide her with the skills that will aid in her new role.
Related News
<a href="https://www.benzinga.com/markets/cannabis/22/01/25284348/cannabis-movers-shakers-medmen-flora-growth-ayr-wellness-perfect-union-sipp-industries">Cannabis Movers &amp; Shakers: MedMen, Flora Growth, Ayr Wellness, Perfect Union, Sipp Industries</a>

&nbsp;

The film industry is preparing to cap its 2017 <a href="https://www.benzinga.com/news/17/01/8913216/does-award-season-impact-earnings-in-the-entertainment-space">awards season</a> with the year&rsquo;s most anticipated event &mdash; the Oscars.
And while the celebrated pictures may be eclipsed by highly politicized acceptance speeches and glaring social statements, one standard of the night will not escape its due attention.
The pre-awards red carpet walk is almost as much a show as is the ceremony, and fashion enthusiasts are already predicting this year&rsquo;s designer lineup and reflecting on the seasonal precedents.

<h3>2017 Trends So Far</h3>

<a href="https://www.nytimes.com/interactive/2014/02/02/fashion/red-carpet-project.html?_r=1">Five years ago</a>, it was reds.
Reds and pales, open backs and bustles, sequins and sequins and sequins. The sequins, alone, endured years of fickle trends and made a glare at this year&rsquo;s red carpet events.
According to <a href="http://www.vogue.co.uk/gallery/golden-globe-awards-2017-red-carpet-dresses-fashion-trends">Vogue</a>, the 2017 <a href="https://www.benzinga.com/trading-ideas/long-ideas/16/01/6131521/fox-amazon-and-comcast-big-winners-at-golden-globes">Golden Globe</a> trends were a trio of yellow, tulle and sequin. At the Screen Actors Guild Awards, actors blended in a bit of white, some pinstripes and, in a bizarre twist, bird prints.
Related Link: <a href="https://www.benzinga.com/news/17/01/8944629/and-the-winners-are-oscar-nominees-parent-media-companies">And The Winners Are... Oscar Nominees&#39; Parent Media Companies</a>
For both events, foreign designers were most starkly recognized in runway recaps than were their American competitors. Calvin Klein, which trades under the ticker for PVH Corp (NYSE: <a class="ticker" href="/stock/pvh#NYSE">PVH</a>), was vastly underrepresented &mdash; or at least garnered no publicity for its fashion contributions. Ralph Lauren Corp (NYSE: <a class="ticker" href="/stock/rl#NYSE">RL</a>) was equally disregarded.
So, who did the stars end up wearing?

<h3>The SAG And Globes Precedent</h3>

Viola Davis arrived at the Globes in shimmering yellow Michael Kors Holdings Ltd (NYSE: <a class="ticker" href="/stock/kors#NYSE">KORS</a>). The designer also dressed Sienna Miller in a white, cutout-midriff.
Also at the Globes, Nicole Kidman, Felicity Jones and Zoe Saldana showcased Kering (EPA: KER) &mdash; which brings the names of Alexander McQueen, Gucci and Saint Laurent. Emma Stone flaunted a water-lillied Alexander McQueen at the SAG Awards, where Kidman donned green sequins complete with parrot wings. Salma Hayek paraded a mustard, pink-trimmed Gucci.
LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) brought the silver paillette dress of Ruth Negga and the lace gown of Michelle Williams at the Globes, and Williams showed off a shimmering sheath for the SAG Awards.
With Natalie Portman in white and Kate Hudson in black, Christian Dior SA (EPA: CDI) spanned the spectrum at the SAGs. Portman, along with Jessica Chastain, donned Prada SPA Com EURO (OTC: <a class="ticker" href="/stock/prdsf#OTC">PRDSF</a>) at the Globes.
In the realm of jewelry, Tiffany &amp; Co. (NYSE: <a class="ticker" href="/stock/tif#NYSE">TIF</a>) diamonds brought an extra shimmer out of stars like Reese Witherspoon and Naomie Harris.
For more of Benzinga&#39;s educational content, click <a href="https://www.benzinga.com/general/education">here</a>.

Will Sequins Once More Grace This Weekend's Red Carpet?

Prada SpA (OTC: <a class="ticker" href="/stock/prdsf#OTC">PRDSF</a>) reported a rise in its profit over the first three months of the year. 

Prada's quarterly net profit climbed to 121.7 million euros ($152.14 million), versus EUR57.7 million, in the year-ago period.

Its revenue climbed 48% y/y to EUR686.7 million. Its net operating cash flow came in at EUR180.8 million for the period.

Earnings

Prada Posts Rise In Quarterly Profit

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In a report released today, James Grzinic from Jefferies maintained a Hold rating on Prada SpA (PRDSF – Research Report), with a price target of HK...

Jefferies Sticks to Their Hold Rating for Prada SpA (PRDSF)

Rogerio Fujimori, an analyst from Stifel Nicolaus, has initiated a new Buy rating on Prada SpA (PRDSF). Rogerio Fujimori has given his Buy rating d...

Prada SpA's Strong Growth Trajectory and Buy Rating Justified by Brand Resurgence and Margin Expansion Potential

Citi analyst Thomas Chauvet maintained a Hold rating on Prada SpA (PRDSF – Research Report) today and set a price target of HK$62.00. The company's...

Prada SpA (PRDSF) Gets a Hold from Citi

Prada SpA (HK:1913) has released an update. Prada SpA has announced a robust financial performance for the first half of 2024, with a 17% increase ...

Prada SpA Reports Strong Mid-Year Financial Growth

Goldman Sachs analyst Louise Singlehurst has maintained their neutral stance on PRDSF stock, giving a Hold rating today. Louise Singlehurst has giv...

Maintaining Hold on Prada Amid Mixed Growth Signals and Chinese Market Concerns

Prada S.p.A. (PRDSY) Q2 2024 Earnings Call Transcript

In a report released today, Mavis Hui from DBS maintained a Buy rating on Prada SpA (PRDSF – Research Report), with a price target of HK$75.37. The...

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Analysts Offer Insights on Consumer Cyclical Companies: Stellantis (STLA), Prada SpA (OtherPRDSF) and Hilton Worldwide Holdings (HLT)

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Prada

Perfect Union has promoted Meghan Fort to chief operating officer after serving as the company&#39;s&nbsp;senior vice president of retail.

&quot;Meghan&#39;s passion for product and her years of system thinking have already translated into tangible benefits for the company,&quot; stated Denyelle Bruno, CEO of Perfect Union. &quot;Giving her more runway to make an even bigger impact was a no brainer.&quot;

Since joining the Perfect Union team, Fort has supported management systems across the organization&#39;s retail markets. Her prior experience comes from a variety of retail industries, including serving as the VP of North American Retail at Farrow &amp; Ball, where Fort grew sales by 50% over a 3-year period. With stops along the way at Burberry (OTCPK:BBRYF), Vineyard Vines, PRADA (OTCPK:PRDSF) and Ralph Lauren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>), Fort held roles ranging from store management, human resources and product development.

&quot;I am incredibly grateful for the opportunity to continue growing with Perfect Union and look forward to the ability to work closely with the leadership team to ensure that we are creating the best cannabis experience possible,&quot; said the new COO.

As Perfect Union&#39;s chief operating officer, Fort will oversee the day-to-day administrative and operational functions of Perfect Union as a whole. Her retail experience and strong leadership background provide her with the skills that will aid in her new role.

Related News

<a href="https://www.benzinga.com/markets/cannabis/22/01/25284348/cannabis-movers-shakers-medmen-flora-growth-ayr-wellness-perfect-union-sipp-industries">Cannabis Movers &amp; Shakers: MedMen, Flora Growth, Ayr Wellness, Perfect Union, Sipp Industries</a>

 
&nbsp;

The film industry is preparing to cap its 2017 <a href="https://www.benzinga.com/news/17/01/8913216/does-award-season-impact-earnings-in-the-entertainment-space">awards season</a> with the year&rsquo;s most anticipated event &mdash; the Oscars.
And while the celebrated pictures may be eclipsed by highly politicized acceptance speeches and glaring social statements, one standard of the night will not escape its due attention.
The pre-awards red carpet walk is almost as much a show as is the ceremony, and fashion enthusiasts are already predicting this year&rsquo;s designer lineup and reflecting on the seasonal precedents.
<h3>2017 Trends So Far</h3>
<a href="https://www.nytimes.com/interactive/2014/02/02/fashion/red-carpet-project.html?_r=1">Five years ago</a>, it was reds.
Reds and pales, open backs and bustles, sequins and sequins and sequins. The sequins, alone, endured years of fickle trends and made a glare at this year&rsquo;s red carpet events.
According to <a href="http://www.vogue.co.uk/gallery/golden-globe-awards-2017-red-carpet-dresses-fashion-trends">Vogue</a>, the 2017 <a href="https://www.benzinga.com/trading-ideas/long-ideas/16/01/6131521/fox-amazon-and-comcast-big-winners-at-golden-globes">Golden Globe</a> trends were a trio of yellow, tulle and sequin. At the Screen Actors Guild Awards, actors blended in a bit of white, some pinstripes and, in a bizarre twist, bird prints.
Related Link: <a href="https://www.benzinga.com/news/17/01/8944629/and-the-winners-are-oscar-nominees-parent-media-companies">And The Winners Are... Oscar Nominees&#39; Parent Media Companies</a>
For both events, foreign designers were most starkly recognized in runway recaps than were their American competitors. Calvin Klein, which trades under the ticker for PVH Corp (NYSE:<a class="ticker" href="/stock/PVH#NYSE">PVH</a>), was vastly underrepresented &mdash; or at least garnered no publicity for its fashion contributions. Ralph Lauren Corp (NYSE:<a class="ticker" href="/stock/RL#NYSE">RL</a>) was equally disregarded.
So, who did the stars end up wearing?
<h3>The SAG And Globes Precedent</h3>
Viola Davis arrived at the Globes in shimmering yellow Michael Kors Holdings Ltd (NYSE:<a class="ticker" href="/stock/KORS#NYSE">KORS</a>). The designer also dressed Sienna Miller in a white, cutout-midriff.
Also at the Globes, Nicole Kidman, Felicity Jones and Zoe Saldana showcased Kering (EPA: KER) &mdash; which brings the names of Alexander McQueen, Gucci and Saint Laurent. Emma Stone flaunted a water-lillied Alexander McQueen at the SAG Awards, where Kidman donned green sequins complete with parrot wings. Salma Hayek paraded a mustard, pink-trimmed Gucci.
LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) brought the silver paillette dress of Ruth Negga and the lace gown of Michelle Williams at the Globes, and Williams showed off a shimmering sheath for the SAG Awards.
With Natalie Portman in white and Kate Hudson in black, Christian Dior SA (EPA: CDI) spanned the spectrum at the SAGs. Portman, along with Jessica Chastain, donned Prada SPA Com EURO (OTC:<a class="ticker" href="/stock/PRDSF#OTC">PRDSF</a>) at the Globes.
In the realm of jewelry, Tiffany &amp; Co. (NYSE:<a class="ticker" href="/stock/TIF#NYSE">TIF</a>) diamonds brought an extra shimmer out of stars like Reese Witherspoon and Naomie Harris.
For more of Benzinga&#39;s educational content, click <a href="https://www.benzinga.com/general/education">here</a>.

Prada SpA (OTC: <a class="ticker" href="/stock/prdsf#OTC">PRDSF</a>) reported a rise in its profit over the first three months of the year. 

Prada's quarterly net profit climbed to 121.7 million euros ($152.14 million), versus EUR57.7 million, in the year-ago period.

Its revenue climbed 48% y/y to EUR686.7 million. Its net operating cash flow came in at EUR180.8 million for the period.

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