Bloomberg Prada SpA returned to profit in the second half of 2020 amid a recovery in Asia, joining other luxury brands in bouncing back from the worst of a pandemic-induced slump. Earnings before interest and taxes will turn positive in the last six months of last year after a deficit in the first half, the Italian fashion company said. Prada …

Bloomberg Next Plc is learning to live with lockdowns. Chief Executive Officer Simon Wolfson said the worsening pandemic and the UK’s new Covid-related restrictions won’t ruin the whole year as the clothing chain is better prepared now than during previous closures. “This is traditionally the quietest time of year, so I don’t expect the impact to be as big as …

Bloomberg Alibaba Group Holding Ltd. is looking to raise as much as $8 billion selling dollar bonds as early as next week, according to people familiar with the matter. The e-commerce giant aims to raise at least $5 billion but could wind up with more depending on the reception, said the people who aren’t authorised to speak publicly and asked …