Shoe sales up 20% at Prada Group
Luxury group Prada achieved approximately $1.8 billion (€1.065 billion) in net revenue for the quarter ended March 31, an increase of 22% year on year (YOY).
Across the board, footwear sales were up 20% on the year previous, bringing in just under $192 million (€176 million) at retail, with leathergoods also rising by 14% as a category. Ready-to-wear collections performed best, however, experiencing group-level growth of 38% YOY over the three months.