Prada achieved double-digit growth
in the first three months of the year despite the more
challenging macroeconomic and sector context, the Italian
fashion group said Wednesday.
Net revenues reached 1,341 million euros (+13%), and retail
sales 1,216 million (+13%).
The Prada brand remained stable compared to the same period of
2024 against a very challenging quarterly comparison base, it
said.
Miu Miu continued its sustained growth trajectory, with retail
sales up 60% year-on-year.
After the close of the quarter, the Prada group announced on
April 10 the acquisition of Versace with the closing expected in
the second half of 2025 and subject to regulatory approval.
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