Prada SpA (HK:1913) has released an update.
Prada S.p.A. has reported a robust 18% increase in net revenues for the first nine months of 2024, driven by significant growth in key markets such as Japan, the Middle East, and Europe. The Prada brand saw a modest 4% rise, while its sister brand Miu Miu surged with an impressive 97% growth, showcasing strong above-market performance. The company’s retail and e-commerce sales contributed significantly to this positive trajectory, highlighting its resilience and strategic positioning in the global market.
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