Milan—Prada SpA reported Friday that its full year profit jumped 45% thanks to its sales strength in Asia. However, Patrizio … [Read more...]
Patrizio Bertelli
Prada’s Full Year Sales Jump 29 Percent
Milan—There’s one luxurygoods company that hasn’t had to worry about a slowdown in sales. Today, Prada SpA reported that its … [Read more...]
February 19, 2013 -
Prada Q3 Profit Stuns: Up 57% on Asia and Leathergoods Sales
Milan—While many luxurygoods brands are bracing for an apparent slowdown in sales, Prada continues to buck the trend. On … [Read more...]
December 7, 2012 -
Prada First Half Profit Jumps Nearly 60%
Milan—Buoyed by continued strong sales in Asia, Prada SpA reported today a 59.5% increase in its first half net profit despite … [Read more...]
September 24, 2012 -
Prada: Preliminary Half Year Sales Strong
Hong Kong--Prada SpA reported Monday that its preliminary first half sales jumped 37%, buoyed by strong sales in … [Read more...]
August 7, 2012 -
Prada Q1 Profit, Sales Leap, but Cautious on Eurozone
Milan—Despite reporting last week a first quarter profit double last year’s and a leap in sales, Prada SpA warned about an … [Read more...]
June 11, 2012 -
Asia Sales Push Prada 2011 Profit Up 72%
Milan—Prada reported Thursday that thanks to particularly strong sales in Greater Asia, the company saw its 2011 net profit soar … [Read more...]
March 30, 2012 -
Despite Worries over Luxury Spending, Prada Q3 Profit Leaps 75%
Milan and Hong Kong—Prada Spa said Tuesday that it posted a 75% jump in its third quarter sales as demand from affluent shoppers … [Read more...]
November 30, 2011 -
Prada IPO Said to Raise $2.6 Billion Ahead of Listing
Hong Kong—Italian luxurygoods conglomerate Prada SpA may raise some $2.6 billion in its initial public offerings on … [Read more...]
June 6, 2011 -
On Eve of IPO, Prada Posts 31% Gain in 2010
Milan—As Prada prepares to go public in the Hong Kong market, the luxury brand reported today that its 2010 sales jumped 31% to … [Read more...]
February 10, 2011 -
Prada Confirms Going Public in Hong Kong
Milan—Ending months of delays and denials, Prada said in a statement today that its board voted to start the process of a public … [Read more...]
January 27, 2011 -
Prada 9-Month Report Profits Triple
Milan--Prada SpA, which reportedly is examining options to revive an initial public offering, said today its nine-month profit … [Read more...]
November 24, 2010 -
