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Luxury Goods

1,460.819

-19.018-1.29%

Number of Gainers:6

Number of Losers:6

Number of Flat:- -

PE:- -

High:1,497.810

Open:1,479.837

Low:1,451.686

Close:1,479.837

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Analysts Have Made A Financial Statement On Prada S.p.A.'s (HKG:1913) Yearly Report

Simply Wall St.

Some Luxury Companies Made Mistakes While Increasing Prices, Prada CEO Says -- Market Talk

Luxury Brands Face a Recalibration in China, Prada CEO Says -- Market Talk

Hengdeli Holdings Flags Loss in 2024

MT Newswires Live

BRIEF-Hengdeli Expects Loss Of Not Less Than RMB65 Mln For FY 2024

Hengdeli - Expected Turnaround Due to Decreased Sales, Increased Depreciation, and FX Losses in FY

THOMSON REUTERS

Hengdeli - Expects Loss of Not Less Than RMB65 Million for FY 2024

THOMSON REUTERS

ANALYSIS-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

Greater China Stocks Rise; Hong Kong Sees Largest Increase

Prada's Bertelli 'very cautious' about possible acquisitions, he tells newspaper

BUZZ-Prada's Hong Kong shares fall after results; broker sees price as expensive

Prada Shows Improvement, Gets Miu Miu Boost -- Market Talk

Prada's CEO say group looks at M&A opportunities when they come around

Prada's CEO: There Is No Progress Regarding Dual Listing

THOMSON REUTERS

Prada's CFO, Asked About Group's Interest for Versace and Jimmy Choo, Says We Don't Comment on Rumours

THOMSON REUTERS

Prada CEO Says Group Has Not Changed Its Entry Prices, but Sees Unbelievable 'Opportunity Upwards'

THOMSON REUTERS

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( HKG:1913 ) released its full-year result to the market. The early...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4131000-choice2-main-header/1585186733037","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4131000-choice2-main-header/1585186733037"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/consumer-durables/hkg-1913/prada-shares/news/analysts-have-made-a-financial-statement-on-prada-spas-hkg19","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":"simplywall_highlight","symbols":["BK1545","01913","BK1602","BK1227","BK1502","LU0326950275.SGD","LU0181495838.USD","BK1577"],"gpt_icon":0},{"id":"2517043701","title":"Some Luxury Companies Made Mistakes While Increasing Prices, Prada CEO Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2517043701","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517043701?lang=en_us&edition=fundamental","pubTime":"2025-03-07 23:46","pubTimestamp":1741362360,"startTime":"0","endTime":"0","summary":"1546 GMT - Some companies in the luxury industry made mistakes with the degree to which they raised prices, Prada Chief Executive Officer Andrea Guerra says in an interview. During the boom in spending on luxuries that started after the peak of the pandemic, high-end luxury brands fed cashed in by raising prices. The biggest increases were seen in leather goods, with some names raising prices of selected pieces as much as 50% to 100% over the period, according to a report by McKinsey & Co. \"I'm not a fan of price increases,\" Guerra says. ","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://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":["LU0181495838.USD","01913","BK1577","BK1227","BK1502","BK1602","LU0326950275.SGD","BK1545"],"gpt_icon":0},{"id":"2517432499","title":"Luxury Brands Face a Recalibration in China, Prada CEO Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2517432499","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517432499?lang=en_us&edition=fundamental","pubTime":"2025-03-07 23:38","pubTimestamp":1741361880,"startTime":"0","endTime":"0","summary":"1537 GMT - Luxury companies are facing a phase of recalibration in China with some negative trends after years of strong expansion in the country, Prada Chief Executive Officer Andrea Guerra says in an interview. China was once a growth driver for the sector but has recently become a headache for some brands, as Chinese consumers reduced their luxury purchases in light of the country's economic woes. \"I'm not worried about this in the long term,\" he says, adding that luxury is a structurally growing industry. The sector is grappling with a more challenging environment but is not in negative territory, he adds. 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Expects Loss of Not Less Than RMB65 Million for FY 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2517034451","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517034451?lang=en_us&edition=fundamental","pubTime":"2025-03-07 17:01","pubTimestamp":1741338113,"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:20250307:nFWN3PQ0RU: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":"reuters_en_live","symbols":["BK1224","03389","BK1545","BK1227"],"gpt_icon":0},{"id":"2517394137","title":"ANALYSIS-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope","url":"https://stock-news.laohu8.com/highlight/detail?id=2517394137","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517394137?lang=en_us&edition=fundamental","pubTime":"2025-03-06 18:08","pubTimestamp":1741255722,"startTime":"0","endTime":"0","summary":"ANALYSIS-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope Hong Kong increasingly squeezed by US-China tensionsHutchison's Panama Canal assets \"politicised and weaponised\" - China officialTwo HK conglomerates say anxiety, contingency planning has grownHong Kong's distinctiveness as freewheeling hub being eroded, say executivesBy Clare Jim, James Pomfret and Anne Marie Roantree","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:20250306:nL3N3PP0CX: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":["IE00BYQNZ168.SGD","LU2264538146.SGD","LU2430703095.HKD","LU1481011671.HKD","LU1988902786.USD","LU2592432038.USD","00001","SG9999011746.SGD","BK4533","LU1481011911.USD","LU2505996509.AUD","00019","LU1119993845.HKD","IE00B64PRP62.GBP","LU0772969993.USD","LU0208291251.USD","BK1545","LU0731783394.SGD","01929","01038","LU1599440770.SGD","BK4588","BLK","LU1509826696.USD","LU1670627923.USD","LU1670628061.USD","LU0640476718.USD","LU0742537680.HKD","LU0877626530.USD","LU1571399168.USD","BK1230","LU1048588211.SGD","IE00BVYPNV92.GBP","LU2430703251.USD","BK1502","BK1569","LU1201861249.SGD","BK4135","LU1989771016.USD","LU0980610538.SGD","SG9999010078.USD","LU1280957306.USD","IE00BVYPNW00.USD","LU0070302665.USD","APA.AU","LU0320765489.SGD","LU1291159041.SGD","BK4535","LU0130102774.USD","IE00B3QW5Z07.USD"],"gpt_icon":1},{"id":"2517069993","title":"Greater China Stocks Rise; Hong Kong Sees Largest Increase","url":"https://stock-news.laohu8.com/highlight/detail?id=2517069993","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517069993?lang=en_us&edition=fundamental","pubTime":"2025-03-05 16:30","pubTimestamp":1741163400,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Among Hang Seng constituents, CK Hutchison Holdings Ltd. was the biggest gainer during the session, surging 22%, and Chow Tai Fook Jewellery Group Ltd. surged 11%. China Hongqiao Group Ltd. rounded out the top three movers on Wednesday, as shares surged 7.3%.Techtronic Industries Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.7%, followed by shares of China Resources Land Ltd., which slipped 0.8%. Shares of China Overseas Land & Investment Ltd. slipped 0.3%.Among large mainland China stocks, GRINM Semiconductor Materials Co. Ltd. A was the biggest gainer during the session, surging 15%, and VeriSilicon Microelectronics Shanghai Co. Ltd. A surged 11%. HNA Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10%.In Taiwan, Energenesis Biomedical Co. Ltd. was the biggest gainer among large companies during the session, surging 10%","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":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BYQNZ168.SGD","LU0205439572.USD","LU0251144936.SGD","LU1102505762.USD","603081","SG9999001093.SGD","00001","LU0329678337.USD","LU0791591158.USD","LU2177674079.SGD","BK1545","01929","LU2039709279.SGD","01378","IE00BGHQDM52.EUR","00688","03121","LU0067412154.USD","LU2045819591.USD","LU0359201612.USD","BK0251","BK1589","IE00BVYPNP33.GBP","BK1175","600751","LU0149534421.HKD","IE00BZ08YT58.USD","BK1183","BK1521","688656","LU1048588211.SGD","00669","LU0702159699.USD","BK1569","688432","IE00BZ08YR35.GBP","BK0188","SG9999010078.USD","IE00B12V2V27.USD","IE0008368411.USD","BK0004","IE00B031J352.USD","LU0048597586.USD","600811","SG9999001689.USD","LU0737861699.HKD","688521","IE0031814852.USD","IE0008369823.USD","01109"],"gpt_icon":1},{"id":"2517610549","title":"Prada's Bertelli 'very cautious' about possible acquisitions, he tells newspaper","url":"https://stock-news.laohu8.com/highlight/detail?id=2517610549","media":"Reuters","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517610549?lang=en_us&edition=fundamental","pubTime":"2025-03-05 15:52","pubTimestamp":1741161154,"startTime":"0","endTime":"0","summary":"MILAN, March 5  - Luxury fashion group Prada's leading shareholder Patrizio Bertelli said on Wednesday he was \"very cautious\" about the possibility of making acquisitions, although the group is ready to look at potential opportunities. \"Relaunching a brand is difficult, in the early 2000s we bought Jil Sander and Helmut Lang and we made strategic mistakes,\" Chairman Bertelli, who controls Prada along with his wife Miuccia Prada, said in a interview with La Repubblica daily.Prada was linked with possible deals for fellow luxury brands Versace and Jimmy Choo, according to several reports.An acquisition of Versace would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand could take years and hit short-term profits.The luxury group CEO Andrea Guerra on Tuesday gave no details of potential tie-ups but suggested it was open to opportunities.  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The Italian luxury fashion group booked revenue of 5.43 billion euros for 2024, up 17% compared with the prior year at constant currency. Growth was supported by continued brand momentum of Miu Miu, which recorded stronger-than-expected organic growth of 84% in the fourth quarter alone, they say. The Prada brand showed a sequential improvement in the last three months compared with the prior quarter, which is a positive surprise, the analysts say. Shares in Hong Kong closed 0.3% lower. 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