Prada Out of Fashion? - Presented by: The Aol. On Network

The shock drop in quarterly sales for Prada is causing ripples in the luxury brand sector. The fall in sales could see the top end Italian brand signal a cut to full year sales. Over the past year Prada's share price has been coming under continued pressure. The latest news led shares to hit two year lows. Part of the pressure is coming from an unfavorable exchange rate. The other drag is demand. With sales in Europe sluggish, luxury brands are relying on Asia to plug the gap.



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Company Last Sale Change Net / %
AMD $ 3.91 0.09 ▲ 2.36%
S $ 7.37 0.39 ▼ 5.03%
BAC $ 15.25 0.33 ▼ 2.12%
MU $ 30.55 1.98 ▼ 6.09%
SYF $ 23 unch
AAPL $ 95.60 2.55 ▼ 2.60%
QQQ $ 95.02 1.96 ▼ 2.02%
TWTR $ 45.19 1.11 ▼ 2.40%

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