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Prada Outshines Rivals with 16% Revenue Lift Boosted by Miu Miu

Italy's Prada defied a slowdown across the luxury sector in the first quarter, reporting booming demand for its high fashion brand Miu Miu and continued growth in Asia. Family-owned Prada on Wednesday reported sales up 16% to 1.19 billion euros ($1.27 billion) at constant exchange rates, slightly above a 1.14 billion euro consensus cited by analysts.
Hong Kong Andrea Guerra Asia Pacific Andrea Bonini Prada Group Group Chairman Patrizio Bertelli
Source: aawsat.com

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