Prada sales soar as it eyes Versace acquisition despite luxury crunch
Forrás:
Euronews.com
2 hónapja
The Prada Group reported a 17% revenue increase to €5.4 billion, marking four years of double-digit growth despite a downturn in the luxury sector. Retail sales rose 18%, with Prada's sales up 4% and Miu Miu's nearly doubling. The group is considering acquiring Versace, valued at €1.5 billion, but faces challenges due to its poor M&A history and the need for significant investment to revive Versace. Teljes cikk (Euronews.com)