Despite a 5.5% decline in first-half revenues, Prada has announced “excellent results in all markets” for leathergoods and has vowed to widen its offering in all price ranges. The Italian group, which also owns Miu Miu, Church’s and Car Shoe, is in a “phase of profound change”, according to CEO Patrizio Bertelli. Sales in China grew 5.2% but...

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