Prada Group news and archive

Prada results see new era of performance

2017 was not the best financial year for the Prada Group, with its main brand lagging in growth and digital relevance. Its prices were expensive, too, with little entry price points for the consumer who can’t afford its high-end, high price accessories. But a lot can happen in a year. This week Prada approved its H1 group results, which CEO...

Business |REPORT

Prada Group revenues up 4 percent in H1

The consolidated net revenues of the Prada Group for the six months ended July 31, 2015 amounted to 1,823 million euros (1,999 million dollars), with a 4 percent increase compared to the corresponding period in 2014, because of the positive performance of retail channel which more than compensated for a decrease in wholesale channel sales. The...