Prada Group sales increase 29% in 2012
21/02/2013
Patrizio Bertelli, Prada’s chief executive, said: “In a year characterised by a particularly difficult international economic environment, our group has made further important progress along its path of growth, consolidating its position at the head of the luxury goods sector.
“The strength of our brands, our ability to interpret and anticipate market trends and our global retail network continue to form the basis for our long-term growth strategy."
Revenues were buoyed by particularly strong growth at fashion label Prada, which saw sales increase by a third over the year.
The group expanded its retail network during 2012, opening 78 standalone stores, taking the number to 461 at the end of January. There are now 283 Prada stores, 126 Miu Miu stores, 45 Church’s stores and seven Car Shoe stores.
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