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Prada Profits Down; MObama’s Vogue a Top Seller

Prada's profits fell 22 percent in 2008 from the previous year. The main cause was decreased orders from retail outlets. Sales in stand-alone Prada stores increased 5.6 percent, largely due to sales of the Prada cell phone. [British Vogue]

• PPR employees protested a planned 1,900 layoffs at the company's Paris headquarters yesterday. [WWD]

• The March issue of Vogue with the Michelle Obama cover sold 560,000 copies, edging out the top-selling issue before that, September of last year, which only sold 559,000 copies. [WWD]

• Sophie Theallet said someone did send a check for the $2,000 dress she made that Michelle Obama wore yesterday. [WWD]

• Carla Bruni wore spring 2009 Chanel in Spain yesterday. So we should all forget about Princess Letizia? [Grazia]

Photo: Getty Images

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Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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