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Retail

Prada to bolster e-commerce and retail in a bid to stem sliding profits

London - Italian luxury group Prada SpA aims to strengthen its retail network as well as its e-commerce arm in a bid to protect profit margins from a weaker demand. The group is set to introduce a new retail concept for Miu Miu by the end of the year and will counter new store openings with selective store closures. In addition, Prada also aims...

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