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5 Nov

Prada Group CEO Touts ‘Cultural Point of View’

by Beautifaire101
Beauty, Featured
Prada Group CEO Touts ‘Cultural Point of View’
When Prada opened a Prada Caffè at Harrods in London earlier this yr, it didn't take this extension into hospitality frivolously. “We tried to be as credible as possible,” Prada Group chief executive officer Andrea Guerra told the WWD Apparel & Retail CEO Summit in Recent York, noting it deployed historic Italian pastry shop Pasticceria Marchesi, founded in 1824 and now the group’s food and beverage platform. “Yes, those places are Instagrammable places. But those places also should be filled with experiences and emotions. You go there and also you eat well, and also you eat the way in which Prada sees Italian food. So it’s not only a gimmick — there may be culture in it.” In his opinion, “you may...
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20 Apr

Hermès Touts Confidence, Savoir-faire at Shareholders’ Meeting 

by Beauty Tips
Fashion, Featured
Hermès Touts Confidence, Savoir-faire at Shareholders’ Meeting 
A drum kit and electric guitars at Hermès International? The French luxury firm opened its annual shareholders’ meeting Thursday morning in Paris with a live performance by five-piece outfit Ishkero. The corporate definitely rocked in 2022 and the primary quarter of 2023, with revenues vaulting 23 percent across all regions and product categories, outpacing its luxury rivals. “We're prone to be less festive,” chief executive officer Axel Dumas deadpanned once the jazz band had been cleared away and he took his seat behind an extended white desk with three other Hermès executives in dark suits. The lads reviewed the corporate’s stellar financials, noting that every of its 19,700 employees received a 4,000-euro bonus for last 12 months, and that the 2022 dividend could...
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30 Aug

Brunello Cucinelli Touts Italian Democratic System, Manufacturing Prowess

by Beautifaire101
Beauty, Featured
Brunello Cucinelli Touts Italian Democratic System, Manufacturing Prowess
MILAN — There isn't any doubt that Italy has a firm supporter in Brunello Cucinelli. Despite Prime Minister Mario Draghi’s resignation in July, which left the industry concerned and dissatisfied, and yet one more round of political elections scheduled for Sept. 25, on the tail end of Milan Fashion Week, Cucinelli on Tuesday said he was “very positive about Italy and the times to return,” as he commented on a robust set of results of his namesake company in the primary half of the 12 months. The entrepreneur touted the country’s welfare system, “among the finest on the planet,” and Italy’s production and distribution expertise — largely preserved because of its social safety nets in the course of the...
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