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Prada’s Getting More of its Business from Asia

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Full-year revenues for Prada S.p.A. fell by 24 percent to 2.42 billion euros ($2.9 billion), but the Italian luxury giant was able to bounce back in the second half after starting the Covid-impacted year with a 40 percent sales plunge in the first six months. In fact, the rebound was in full effect by December,…

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