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PRADA

47.600

-0.750-1.55%

Volume:1.68M

Turnover:79.45M

Market Cap:121.80B

PE:15.78

High:48.350

Open:48.350

Low:46.550

Close:48.350

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Overview Company News Filings

Italy - Factors to watch on June 23

BRIEF-Prada brand CEO Gianfranco D'Attis to step down at the end of June

Prada: Prada Group’s CEO Andrea Guerra Will Take the Role on Interim Basis

THOMSON REUTERS

Prada to Acquire Stake in Leather Manufacturer Rino Mastrotto

Italy - Factors to watch on May 28

'The Devil Wears Prada' sequel is coming - but the glory days of magazines like Vogue are over

Luxury Brands Want to Raise Prices. It's a Balancing Act. -- Barrons.com

Prada Logs 13% Boost in Q1 Revenue

MT Newswires Live

Prada's Miu Miu Could Face Stronger Competition Next Year -- Market Talk

Prada posts 12.5% increase in first quarter revenues thanks to Miu Miu's growth

BRIEF-Prada SpA Posts Qtrly Net Revenues EURO 1,341.3 Million

Prada Spa - Qtrly Retail Net Sales of Prada Brand Stable While Miu Miu Increased by 60.2%, at Constant Exchange Rates

THOMSON REUTERS

Prada Spa - Prada Group Reported Net Revenues of Euro 1,341.3 Mln for Three Months

THOMSON REUTERS

Luxury Stocks Fall After LVMH Sales Miss Expectations

Hong Kong Stocks End Week Higher Despite Tariff Tensions; Prada Rises

MT Newswires Live

Prada to Purchase Versace for $1.38 Billion; Shares Rise 3%

MT Newswires Live

BUZZ-Prada's HK shares jump on $1.38 billion Versace deal

Correction to Prada Deal for Versace at Risk of Collapsing With Market in Turmoil on April 9

Prada's Acquisition of Versace Looks Positive but Brings Challenges -- Market Talk

Prada to buy rival Versace in $2.3 billion deal

Sydney Morning Herald

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New items are marke","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nL8N3SM0Y1:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1502","BK1577","BK1602","LU0326950275.SGD","LU0181495838.USD","01913","BK1227","BK1545"],"gpt_icon":0},{"id":"2545145824","title":"BRIEF-Prada brand CEO Gianfranco D'Attis to step down at the end of June","url":"https://stock-news.laohu8.com/highlight/detail?id=2545145824","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545145824?lang=en_us&edition=fundamental","pubTime":"2025-06-23 01:07","pubTimestamp":1750612041,"startTime":"0","endTime":"0","summary":"BRIEF-Prada brand CEO Gianfranco D'Attis to step down at the end of JuneJune 22  - Prada tells Reuters:GROUP IS PARTING WAYS WITH THE BRAND'S CEO GIANFRANCO D'ATTIS BY MUTUAL AGREEMENT EFFECTIVE JUNE 30PRADA GROUP'S CEO ANDREA GUERRA WILL TAKE THE ROLE ON INTERIM BASISFurther company coverage: 1913.F1913.HK ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250622:nFWN3SN04Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0326950275.SGD","LU0181495838.USD","BK1602","BK1577","BK1227","BK1545","01913","BK1502"],"gpt_icon":0},{"id":"2545699458","title":"Prada: Prada Group’s CEO Andrea Guerra Will Take the Role on Interim Basis","url":"https://stock-news.laohu8.com/highlight/detail?id=2545699458","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545699458?lang=en_us&edition=fundamental","pubTime":"2025-06-23 01:05","pubTimestamp":1750611942,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250622:nFWN3SN04Y:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["01913","BK1577","BK1227","BK1502","BK1545","LU0181495838.USD","LU0326950275.SGD","BK1602"],"gpt_icon":0},{"id":"2541230080","title":"Prada to Acquire Stake in Leather Manufacturer Rino Mastrotto","url":"https://stock-news.laohu8.com/highlight/detail?id=2541230080","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541230080?lang=en_us&edition=fundamental","pubTime":"2025-06-05 17:29","pubTimestamp":1749115740,"startTime":"0","endTime":"0","summary":"Prada Group said it agreed to acquire a stake in Rino Mastrotto Group, an Italian company specialized in the production of high-end leather.Under the deal, the Italian luxury fashion firm is taking a 10% stake in Rino Mastrotto in exchange for two tanneries and a cash investment.The transaction, the financial details of which weren't disclosed, is expected to close between the end of the second quarter and the beginning of third one.Rino Mastrotto, owned by Renaissance Partners and the Mastrotto family, partners with luxury brands in fashion, automotive and interior design. It employs over 1,300 people globally.\"Investing in Rino Mastrotto allows our Group to strengthen its control over a highly strategic phase of the production process,\" Prada's Chairman and Executive Director Patrizio Bertelli said.The deal is subject to certain customary conditions.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1227","LU0326950275.SGD","BK1502","BK1602","LU0181495838.USD","BK1577","BK1545","01913"],"gpt_icon":0},{"id":"2538441000","title":"Italy - Factors to watch on May 28","url":"https://stock-news.laohu8.com/highlight/detail?id=2538441000","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2538441000?lang=en_us&edition=fundamental","pubTime":"2025-05-28 12:00","pubTimestamp":1748404800,"startTime":"0","endTime":"0","summary":"Italy - Factors to watch on May 28The following factors could affect Italian markets on Wednesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are mar","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nL5N3RZ0R9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01913","BK1502","BK1545","LU0326950275.SGD","BK1227","BK1577","BK1602","LU0181495838.USD"],"gpt_icon":0},{"id":"2537560571","title":"'The Devil Wears Prada' sequel is coming - but the glory days of magazines like Vogue are over","url":"https://stock-news.laohu8.com/highlight/detail?id=2537560571","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537560571?lang=en_us&edition=fundamental","pubTime":"2025-05-24 01:48","pubTimestamp":1748022480,"startTime":"0","endTime":"0","summary":"Ad spending on magazines has shrunk by nearly half since the first film came out in 2006, and the doorstop September issue is a thing of the past. \"The Devil Wears Prada\" was a biting satire of the glory days of ad-stuffed fashion magazines. A sequel is now in the works, but the world it will portray is likely to look very different, given how far the fortunes of magazines have fallen.Walt Disney Co.  has set a release date of May 1, 2026, for \"The Devil Wears Prada 2\" - by which time ad spending on consumer magazines will have fallen by nearly half compared with 2006, when the first film came out.The movie, which was based on the best-selling 2003 novel of the same name, focused on the world of Miranda Priestly, the hard-driving, taste-making editor of the fictional Runway magazine. The character, played by Meryl Streep, was a thinly veiled sendup of Vogue's legendary editor Anna Wintour.Barry Diller's IAC Inc.  also now owns many of the former Time and Meredith publications, includin","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1894683348.USD","LU0181495838.USD","LU1267930573.SGD","BK4598","LU0070302665.USD","LU0742534661.SGD","BK4550","IE0002270589.USD","BK4524","LU0708994859.HKD","BK4534","LU0029864427.USD","IAC","LU0011850046.USD","BK1227","LU0128525929.USD","BK4554","LU0251142724.SGD","BK1502","BK1602","LU1280957306.USD","BK4581","LU0081259029.USD","SG9999015952.SGD","BK1577","LU0251131958.USD","LU0320765489.SGD","BK4507","IE00B19Z3581.USD","LU0061475181.USD","BK4561","BK4108","SG9999015945.SGD","LU0048573561.USD","01913","IE00B19Z3B42.SGD","LU1894683264.USD","LU0326950275.SGD","LU0640476718.USD","BK4532","BK4551","LU0310800379.SGD","BK4588","BK1545","DIS","BK4077","SG9999015978.USD","LU0208291251.USD","SG9999015986.USD","GB00BDT5M118.USD"],"gpt_icon":0},{"id":"2532387201","title":"Luxury Brands Want to Raise Prices. It's a Balancing Act. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2532387201","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532387201?lang=en_us&edition=fundamental","pubTime":"2025-05-03 17:00","pubTimestamp":1746262800,"startTime":"0","endTime":"0","summary":"Luxury goods will be getting even more expensive as brands try to offset tariffs. The question now is, by how much will prices increase?That is something not even luxury brands themselves have been able to answer. They say what uncertainty over happens next in trade policy makes it impossible to predict.Kering executives made similar comments about needing more clarity on trade policy when the company reported earnings last week. They added that they will be tracking consumer confidence in the U.S. and globally to determine how much they can increase prices.Kering may have a harder time raising prices than peers like Hermès or Prada. Sales and demand for goods from the other two have been stronger in the past couple of years.Gucci, Kering's biggest brand, is in the midst of an ambitious turnaround that has yet to take hold. Foot traffic at its stores was weak in the first quarter and executives expect sales will remain soft throughout the first half of the year.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0326950275.SGD","BK1577","01913","BK1227","BK1545","BK1602","LU0181495838.USD","BK1502"],"gpt_icon":0},{"id":"2532076094","title":"Prada Logs 13% Boost in Q1 Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=2532076094","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532076094?lang=en_us&edition=fundamental","pubTime":"2025-05-01 19:48","pubTimestamp":1746100118,"startTime":"0","endTime":"0","summary":"Prada  recorded a net revenue of a little over 1.34 billion yuan in the first quarter, up 13% at constant exchange rates from a year prior, a Wednesday Hong Kong bourse filing said.Retail net sales rose by 13% year over year to nearly 1.22 billion yuan at constant exchange rates, according to the Hong Kong-listed fashion company.As of March 31, the firm operated 611 stores, following 4 openings and 2 closures in the three months.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["01913"],"gpt_icon":0},{"id":"2531705231","title":"Prada's Miu Miu Could Face Stronger Competition Next Year -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2531705231","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531705231?lang=en_us&edition=fundamental","pubTime":"2025-04-30 23:19","pubTimestamp":1746026340,"startTime":"0","endTime":"0","summary":"1519 GMT - Prada's first-quarter revenue beat expectations mainly thanks to strong momentum at Miu Miu, but the brand could face stronger competition next year, analysts at Bernstein say in a research note. Strong growth at Miu Miu seems likely to continue as long as other brands remain on the back foot in terms of creativity and fashion content, Bernstein says. \"We believe new creativity will likely arrive in end-2025 along with [spring-summer 2026] runway shows; management believes competition will heat up in 12 months time,\" the analysts say. Meanwhile, weakness at the Italian luxury group's core Prada brand is expected to linger, according to Bernstein. Shares in Hong Kong closed 1.2% lower before the results. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1545","LU0181495838.USD","LU0326950275.SGD","BK1502","BK1577","BK1227","BK1602","01913"],"gpt_icon":0},{"id":"2531035059","title":"Prada posts 12.5% increase in first quarter revenues thanks to Miu Miu's growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2531035059","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531035059?lang=en_us&edition=fundamental","pubTime":"2025-04-30 19:40","pubTimestamp":1746013242,"startTime":"0","endTime":"0","summary":"Prada posts 12.5% increase in first quarter revenues thanks to Miu Miu's growthMILAN, April 30  - Net revenues at Italian luxury group Prada 1913.F rose 12.5% at constant exchange rates in the first quarter, slightly above analysts expectations, thanks to a 60% jump in retail sales at its smaller brand Miu Miu. Prada's net revenues rose to 1.34 billion euros, the group said on Wednesday, while a Visible Alpha consensus expected them to increase to 1.33 billion euros.  Retail sales at the group's main and eponymous brand Prada were flat in the first quarter.   ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nL8N3R726A:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CPRI","SPGI","01913"],"gpt_icon":1},{"id":"2531417035","title":"BRIEF-Prada SpA Posts Qtrly Net Revenues EURO 1,341.3 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2531417035","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531417035?lang=en_us&edition=fundamental","pubTime":"2025-04-30 19:38","pubTimestamp":1746013110,"startTime":"0","endTime":"0","summary":"BRIEF-Prada SpA Posts Qtrly Net Revenues EURO 1,341.3 MillionApril 30  - Prada SpA 1913.F:QTRLY RETAIL NET SALES UP BY 13.0% COMPARED TO Q1 2024, AT CONSTANT EXCHANGE RATESQTRLY RETAIL NET SALES OF PRADA BRAND STABLE WHILE MIU MIU INCREASED BY 60.2%, AT CONSTANT EXCHANGE RATESPRADA GROUP REPORTED NET REVENUES OF EURO 1,341.3 MILLION FOR THREE MONTHSFurther company coverage: 1913.F ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nFWN3R81YF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01913"],"gpt_icon":0},{"id":"2531351210","title":"Prada Spa - Qtrly Retail Net Sales of Prada Brand Stable While Miu Miu Increased by 60.2%, at Constant Exchange Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2531351210","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531351210?lang=en_us&edition=fundamental","pubTime":"2025-04-30 19:34","pubTimestamp":1746012878,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nFWN3R81YF:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0181495838.USD","BK1545","BK1602","BK1502","01913","LU0326950275.SGD","BK1577","BK1227"],"gpt_icon":0},{"id":"2531123035","title":"Prada Spa - Prada Group Reported Net Revenues of Euro 1,341.3 Mln for Three Months","url":"https://stock-news.laohu8.com/highlight/detail?id=2531123035","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531123035?lang=en_us&edition=fundamental","pubTime":"2025-04-30 19:34","pubTimestamp":1746012878,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nFWN3R81YF:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1577","BK1502","01913","BK1545","BK1602","LU0181495838.USD","BK1227","LU0326950275.SGD"],"gpt_icon":0},{"id":"2527810465","title":"Luxury Stocks Fall After LVMH Sales Miss Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2527810465","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527810465?lang=en_us&edition=fundamental","pubTime":"2025-04-15 16:58","pubTimestamp":1744707480,"startTime":"0","endTime":"0","summary":"LVMH shares dropped sharply and dragged luxury stocks lower after the Louis Vuitton owner reported first-quarter sales that fell short of analysts' expectations.The update sent shares in the French luxury behemoth down as much as 8.3% shortly after trading in Europe started, wiping out more than $25 billion in market value at one point. This meant LVMH briefly lost the top spot as the world's most valuable luxury group to Birkin bag maker Hermes International, before recovering it as the stock's losses eased.Considered a bellwether for the industry, LVMH posted a decline in first-quarter sales, hit by weaker demand from Chinese buyers in Japan compared with last year and U.S. slowdowns in its Sephora beauty retailer and wine and spirits division.Luxury stocks fell across the board. Hong Kong-listed Prada closed 4.2% lower. In European morning trade, Britain's Burberry shed 2.2%, Salvatore Ferragamo dropped 1.6% and Gucci owner Kering was down 1.2%. Cartier parent Richemont, Brunello Cu","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LVMUY","01913","CFRUY"],"gpt_icon":0},{"id":"2526065594","title":"Hong Kong Stocks End Week Higher Despite Tariff Tensions; Prada Rises","url":"https://stock-news.laohu8.com/highlight/detail?id=2526065594","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526065594?lang=en_us&edition=fundamental","pubTime":"2025-04-11 17:55","pubTimestamp":1744365355,"startTime":"0","endTime":"0","summary":"Hong Kong stocks reversed losses in the morning session to cap off the week with gains, as China stood firm in the face of its tariff war against the US.The Hang Seng Index rose 1.13%, or 232.91 points, to end Friday's session at 20,914.69. The Hang Seng China Enterprises Index climbed 1.74%, or 133.13 points, to 7,801.51.On Friday, Beijing raised its tariffs on US goods to 125%, countering Washington's overnight move to hike duties on Chinese imports to 145%.This latest tit-for-tat action underscores the deepening rift between the two economic superpowers, threatening to disrupt global supply chains and destabilize international trade.Mainland buying of Hong Kong stocks added to the day's gains. South China Morning Post reported that mainland investors bought over HK$7 billion of Hong Kong-listed shares on Friday, bringing the total to HK$77.6 billion this week.In corporate news, shares of Prada  rose over 2% after the luxury brand announced that it would acquire rival Versace from Ca","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1602","BK1545","02833","BK1577","LU0181495838.USD","01913","513600","MCHmain","BK1227","HHImain","HSI","BK1502","LU0326950275.SGD"],"gpt_icon":0},{"id":"2526501726","title":"Prada to Purchase Versace for $1.38 Billion; Shares Rise 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2526501726","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526501726?lang=en_us&edition=fundamental","pubTime":"2025-04-11 12:49","pubTimestamp":1744346988,"startTime":"0","endTime":"0","summary":"Prada  will acquire rival Versace from Capri Holdings for an enterprise value of $1.375 billion, according to a Thursday filing with the Hong Kong bourse.The Hong Kong-listed fashion company will fund the transaction through 1.5 billion euros of new debt, comprising a 1-billion-euro term loan and a 500-million-euro bridge loan facility, according to a separate press release by Prada.Completion is slated for the second half of 2025, Prada said.Versace will maintain its identity and \"cultural authenticity\" following the deal, Prada said.Citigroup Global Markets Europe and Goldman Sachs Bank Europe serve as financial advisers to the deal.Prada's shares rose 3% in Hong Kong during Friday's late morning trading.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2237443549.SGD","LU0096364046.USD","LU1868836757.USD","BK1545","BK4588","LU0106831901.USD","LU2237438978.USD","LU1868836591.USD","IE0004091025.USD","LU1868837300.USD","BK4516","IE00B19Z3581.USD","IE00B19Z3B42.SGD","LU1791807156.HKD","BK1227","LU0742534661.SGD","IE00BSNM7G36.USD","LU2471134952.CNY","BK4533","BK4585","IE0002270589.USD","LU0251142724.SGD","LU2237443465.HKD","LU2237443895.HKD","LU1868837136.USD","LU1668664300.SGD","BK4550","IE0004086264.USD","LU1868836914.USD","LU2237443382.USD","LU0326950275.SGD","BK1602","LU2471134523.USD","BK4504","LU2750360641.GBP","LU0048573561.USD","LU2471134796.USD","BK4127","LU0061475181.USD","01913","BK1577","BK1502","BK4552","LU0251131958.USD","LU2471134879.HKD","LU0181495838.USD","LU2237443622.USD","IE0034235188.USD","IE00BFXG1179.USD","LU2237443978.SGD"],"gpt_icon":0},{"id":"2526757731","title":"BUZZ-Prada's HK shares jump on $1.38 billion Versace deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2526757731","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526757731?lang=en_us&edition=fundamental","pubTime":"2025-04-11 10:54","pubTimestamp":1744340048,"startTime":"0","endTime":"0","summary":"BUZZ-Prada's HK shares jump on $1.38 billion Versace deal** HK shares of Prada 1913.HK jump 7.8% to a one-week high of HK$51.6; set for steepest one-day pct rise since March 8, 2024** Prada struck $1.38 billion deal to buy smaller rival Versace from Capri Holdings CPRI.N on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues** Co's Frankfurt-listed stock 1913.F jumped 13% on Thursday** Prada CEO says Versace deal is a revenues project, not a synergies project** YTD, HK-listed stock falls ~20%, Frankfurt shares shed ~25%  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250411:nL2N3QP03B:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2023251221.USD","LU0971096721.USD","LU1732799900.SGD","LU0006306889.USD","BK1602","LU1732800096.USD","BK4504","LU1989772840.SGD","LU0225283273.USD","LU2028103732.USD","BK1502","LU1720051108.HKD","BK4534","LU2357305700.SGD","BK4588","LU2089283258.USD","LU0795875169.SGD","LU0098860793.USD","IE00BZ1G4Q59.USD","LU1162221912.USD","LU2271345857.HKD","LU0320765646.SGD","LU2133065610.SGD","LU0106261372.USD","LU1668664300.SGD","LU0267386448.USD","LU2111349929.HKD","LU0181495838.USD","LU0106831901.USD","IE00BKVL7J92.USD","BK4516","LU0795875086.SGD","BK1545","BK4202","LU0326950275.SGD","LU1989772923.USD","LU1720051017.SGD","LU0158827781.USD","LU2089284900.SGD","CPRI","BK1577","LU1548497426.USD","BK1227","BK4581","LU2347655156.SGD","LU1363072403.SGD","01913","BK4585","LU0314104364.USD","BK4127"],"gpt_icon":1},{"id":"2526251762","title":"Correction to Prada Deal for Versace at Risk of Collapsing With Market in Turmoil on April 9","url":"https://stock-news.laohu8.com/highlight/detail?id=2526251762","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526251762?lang=en_us&edition=fundamental","pubTime":"2025-04-11 02:07","pubTimestamp":1744308420,"startTime":"0","endTime":"0","summary":"Prada's namesake family still had to sign off on the agreement. \"Prada Deal for Versace at Risk of Collapsing With Market in Turmoil -- WSJ\" incorrectly said Versace's namesake family still had to sign off.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1545","LU0326950275.SGD","BK1502","BK4202","LU0181495838.USD","BK1602","01913","CPRI","BK1227","BK1577"],"gpt_icon":0},{"id":"2526592414","title":"Prada's Acquisition of Versace Looks Positive but Brings Challenges -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2526592414","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526592414?lang=en_us&edition=fundamental","pubTime":"2025-04-10 23:21","pubTimestamp":1744298460,"startTime":"0","endTime":"0","summary":"1521 GMT - Versace has distinctive aesthetics and strong brand awareness, but a plan to revamp the label adds risks for Prada, Stifel analyst Rogerio Fujimori says. U.S. group Capri Holdings agreed to sell Versace to Italian luxury firm Prada for $1.38 billion. On the positive side, Prada is buying Versace at a slightly lower price than expected a few weeks ago, the analyst says. Furthermore, Versace's new creative director, Dario Vitale, could reignite the brand's momentum, he adds. However, Versace has reported weak figures recently, and its turnaround plan could weigh on Prada's growth, Fujimori says. 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