Prada sales soar as it eyes Versace acquisition despite luxury crunch | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
Diana Mihalașcu
ADVERTISEMENT The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition. The group, which owns the Prada and Miu Miu fashion brands along with Church’s footwear, reported a 17% boost in revenues to €5.4 billion last year - from €4.7bn in 2023. Retail sales rose 18% to €4.6bn in the period. The Prada brand, which accounts for the bulk of earnings, reported sales were up a solid 4%, while they
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