Prada on Thursday posted 2023 profits
up 44% at 671 million euros.
The Italian fashion house posted net earnings of 4.7 billion
euros, 17% up, powered by the lure of the Prada and Miu Miu
brands.
Retail sales reached 4.2 billion euros, also 17% up, also thanks
to a "less challenging" scenario in China.
Founded in Milan in 1913, Prada specializes in leather handbags,
travel accessories, shoes, ready-to-wear, and other fashion
accessories.
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