archiveLuxury News

Business News

Prada's Asia Bet Turns Trendsetter Into Luxury's Biggest Loser

Published Apr 13th 2016, 5:30 pm, by Andrew Roberts   When Prada SpA on Monday outlined plans to rekindle growth, marketing chief Stefano Cantino boasted that the Italian luxury-goods maker still “sets the trend in the industry.” Unfortunately for Prada’s investors, it’s a leader in the wrong metrics. The 103-year-old company,...