Lunedì, 24 Settembre 2018

Prada first-half profits up 7.6%


Milan, September 17 - Prada posted a first-half
profit of 308.2 million euros, 7.6% up on the same period last
year, the Italian fashion house said Tuesday.
Earnings were 11.7% up at 1.72 billion euros.
"We are satisfied with these results," said CEO Patrizio
"Earnings have grown in every country where the group is
present and we have improved our operating margins".
Prada, co-led by Bertelli's wife and chief designer Miuccia
Prada, is listed on the Hong Kong stock exchange.
It is one of the few global fashion brands to have made
significant inroads into China, the world's second-largest
luxury market.

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