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Annual report. Explore the Investor Relations section dedicated to the financial results and updated reports of Prada Group, divided into quarters, half-years and years.Prada Group Investor Relations: financial information, corporate documents, [email protected] Via Fogazzaro 28, 20135 Milan, Italy. Cynthia Cheng .
Retail Sales of €4.2 bln, up 17% yoy, with strong Q4 up 17% yoy. Consistent delivery with 12 consecutive quarters of high-quality like-for-like growth. Another year of double-digit, above-market Retail growth for Prada at .
Annual report. Explore the Investor Relations section dedicated to the financial results and updated reports of Prada Group, divided into quarters, half-years and years. Retail Sales of €4.2 bln, up 17% yoy, with strong Q4 up 17% yoy. Consistent delivery with 12 consecutive quarters of high-quality like-for-like growth. Another year of double-digit, above-market Retail growth for Prada at +12% yoy. Exceptional momentum for Miu Miu with Retail growth at +58% yoy.
• Excellent performance driven by full price sales • 10% of stores closed on average during the period (17% in H1 and 3% in H2) • Outstanding growth in online sales (5x FY-19 and strong double digit vs. FY-20)
Key insights. Prada's annual sales surpassed their 2013 peak for the first time, a key milestone for the group. The group has leveraged logo-heavy merchandising at Prada and a revamped, viral aesthetic at Miu Miu to seize surging luxury demand.One of the most valuable luxury brands in the world, Prada is an Italian luxury fashion house with annual net sales that fared around three billion euros up until 2019. With the pandemic, the. Prada Group says sales climbed 41 per cent last year as it sold more products at full-price, adding to the rapid recovery of luxury’s largest players. The Italian luxury owner of Prada and Miu Miu said 2021 revenues rose to €3.36 billion (.8 billion) in a statement today.
Prada Group said first-half sales rose 22 per cent led by gains in Europe and increased demand for youth-focused Miu Miu compensating for lockdowns in China and Russian sanctions. Revenues rose to €1.9 billion in the first half of the year ending 30 June 2022, compared with the same period in 2021 — up 8 per cent on the pre-pandemic first . Prada revenues rose 25 percent and Miu Miu sales were up 20 percent, recording a sharp acceleration in the second half. The two brands helped retail sales climb 28 percent to 3.73 billion. Prada’s sales recovered from last year’s strict lockdowns as the Italian fashion brand joined luxury peers in reporting higher demand for high-priced goods. First-half revenue soared 66 percent at constant exchange rates to €1.5 billion (.78 billion), the company said in a statement Thursday.
Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros (.17 billion), driven by a rebound in China and sustained growth in Europe. Annual report. Explore the Investor Relations section dedicated to the financial results and updated reports of Prada Group, divided into quarters, half-years and years. Retail Sales of €4.2 bln, up 17% yoy, with strong Q4 up 17% yoy. Consistent delivery with 12 consecutive quarters of high-quality like-for-like growth. Another year of double-digit, above-market Retail growth for Prada at +12% yoy. Exceptional momentum for Miu Miu with Retail growth at +58% yoy.
• Excellent performance driven by full price sales • 10% of stores closed on average during the period (17% in H1 and 3% in H2) • Outstanding growth in online sales (5x FY-19 and strong double digit vs. FY-20) Key insights. Prada's annual sales surpassed their 2013 peak for the first time, a key milestone for the group. The group has leveraged logo-heavy merchandising at Prada and a revamped, viral aesthetic at Miu Miu to seize surging luxury demand.
One of the most valuable luxury brands in the world, Prada is an Italian luxury fashion house with annual net sales that fared around three billion euros up until 2019. With the pandemic, the. Prada Group says sales climbed 41 per cent last year as it sold more products at full-price, adding to the rapid recovery of luxury’s largest players. The Italian luxury owner of Prada and Miu Miu said 2021 revenues rose to €3.36 billion (.8 billion) in a statement today. Prada Group said first-half sales rose 22 per cent led by gains in Europe and increased demand for youth-focused Miu Miu compensating for lockdowns in China and Russian sanctions. Revenues rose to €1.9 billion in the first half of the year ending 30 June 2022, compared with the same period in 2021 — up 8 per cent on the pre-pandemic first . Prada revenues rose 25 percent and Miu Miu sales were up 20 percent, recording a sharp acceleration in the second half. The two brands helped retail sales climb 28 percent to 3.73 billion.
Prada’s sales recovered from last year’s strict lockdowns as the Italian fashion brand joined luxury peers in reporting higher demand for high-priced goods. First-half revenue soared 66 percent at constant exchange rates to €1.5 billion (.78 billion), the company said in a statement Thursday.
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