Miu Miu growth helps Prada to defy luxury downturn

Miu Miu growth helps Prada to defy luxury downturn

[MILAN] Prada reported a 9 per cent increase in first half net revenues at constant currencies on Wednesday (Jul 30), with its smaller but fast expanding Miu Miu brand helping it to buck a weak sector trend. Net revenue at the family-owned group, which will soon include Versace after a US$1.4 billion takeover, totalled 2.74…

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Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO

Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO

[SINGAPORE] MetaOptics Technologies, a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus for a listing on the Singapore Exchange’s Catalist board. It could become the third company to list on the Catalist board this year, following the debut of urban revitalisation specialist Lum Chang Creations on Jul 21, and the preliminary…

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Cameroon cocoa boom raises deforestation fears

Cameroon cocoa boom raises deforestation fears

Cameroon is emerging as a new frontier for cocoa production, raising concerns about cocoa-driven deforestation, according to not-for-profit group Mighty Earth. In a new report, Mighty Earth warns the central African country is “becoming the next major hotspot for cocoa-driven deforestation”. Cameroon is experiencing a cocoa boom as top producers such as Ghana and Côte…

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How Philip Johansen Is Making Digital Business More Accessible with Freedom Escape Xcelerator

How Philip Johansen Is Making Digital Business More Accessible with Freedom Escape Xcelerator

For many, the digital world offers a path to greater flexibility, independence, and purpose. But for those without a background in business or tech, stepping into online entrepreneurship can feel overwhelming. That’s the challenge Philip Johansen set out to solve with Freedom Escape Xcelerator a hands-on learning platform developed through his company, Philips Agency FZCO.…

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Miu Miu Helps Boost Prada Group H1 Sales

Miu Miu Helps Boost Prada Group H1 Sales

MILAN – Prada Group reported a solid performance in the first half of the year, with rising sales and steady profitability. In the first half ended June 30, group revenues rose 8 percent to 2.74 billion euros compared with 2.55 billion euros in the same period last year. Retail sales were up 8 percent to…

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