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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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Kering: how Luca de Meo's financial overhaul is giving the luxury group breathing room and time

3.3 billion euros. In a word, as in a number, is Kering's financial trajectory finally changing? By reducing its debt by 4.7 billion euros in just six months, the world's number two luxury group has secured what it needed most: time and capital to complete its turnaround. Presented on July 28, 2026, the half-year results show revenue of 7.22...

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How new AI disclosure laws are reshaping fashion advertising

For fashion brands, the question of whether to label AI-generated imagery has stopped being a matter of principle and become a matter of law. In the U.S., New York’s Synthetic Performer Disclosure Law took effect on June 9, requiring any advertisement featuring a “synthetic performer” to include a clear and conspicuous disclosure within the...

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