-
Luxury retailer eyes e-commerce integration in 2017
With its profits taking a hit in 2016, Prada Group is placing a stronger focus on digital. The luxury goods retailer’s net revenue for the year ended January 31, 2017, while revenue across its retail channel plunged13%. Based on these results, the company plans to focus on more digital initiatives to better respond to an evolving marketplace, according to Prada’s CEO, Patrizio Bertelli. -
Strategic partnership seeks opportunities in Southeast
St. Petersburg-based Sembler Co. and Atlanta-based Berkley Development have formed a new venture to explore development opportunities in the Southeast. “This partnership will allow us to work with an exceptional industry professional to better pursue other types of development and redevelopment – small power centers, urban redevelopment projects, even retail elements of primarily residential developments, as possible examples,” said Sembler CEO Ron Wheeler.

