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Wednesday, April 30

Financial

Prada Group Gains 13% in Q1 as Miu Miu Surges

A 60 percent jump in Miu Miu sales, gains across all the group's markets and a strong retail performance contributed to the numbers.

Business Features

Luxury Grapples With Disillusionment and Fragile Recovery in China

Bernstein expects the Chinese luxury market to undergo a "gradual U-shaped recovery over the next two years."

Footwear

Former Gucci CEO Patrizio di Marco Makes New Investment in Sneaker World

The fashion executive has bought a minority stake in Be Sneakers, the Italian footwear manufacturer helping to revive the Pro-Keds brand.

Designer and Luxury

Talks Around Jonathan Anderson's Departure Fuel Loewe's Popularity on Lyst

The brand again overtook Miu Miu to top the Lyst hottest brands ranking, while the Celine flared jeans that Kendrick Lamar wore at the Super Bowl became the most-searched item on the site in the first …

Media

Phoebe Philo Guest Edits the FT's New HTSI Issue, Focused on Beauty and 'Intention'

Jonathan Anderson was the magazine’s first guest editor in 2021, since then Jony Ive and Yinka Ilori have applied their talents the Financial Times’ luxury weekend magazine.

Mergers and Acquisitions

Chiara Ferragni Takes Full Control of Namesake Brand

The social media personality and entrepreneur is taking steps to overcome the crisis that engulfed her in 2023.

Parties

All About the Arts at the Brooklyn Museum's 2025 Artists Ball

The event, sponsored by Dior, drew a crowd including Kerry Washington, Swizz Beatz, Emma Roberts and more.