Bloomberg Prada SpA reported a rebound in full-year earnings but said the war in Ukraine makes it difficult to predict results this year. Operating profit rose to 489 million euros ($535 million) in 2021, the company said. That beat the average analyst estimate of 419 million euros and was back above pre-pandemic levels. The luxury-goods industry is bracing for a ...

  Bloomberg It has survived 150 years of changing fashion, seen off the hippies and spared many men the dilemma of deciding what to wear, but the pandemic proved the final nail in the coffin. The men’s suit has officially been retired from the male wardrobe. That’s the sartorial verdict of the UK Office for National Statistics (ONS), which has ...

Bloomberg US officials say Russia has asked China for military assistance for its war in Ukraine, a sign that the Biden administration is increasingly concerned about the role Vladimir Putin’s most powerful diplomatic partner could play in the conflict. A US official, speaking on condition of anonymity to discuss delicate matters, did not specify what kind of equipment Moscow had ...