Prada: Prada aims higher as Miu Miu sales jump and Versace deal expands portfolio
Prada defied the luxury slowdown with 13% revenue growth and a 60% surge in Miu Miu sales in the first quarter. A $1.4 billion Versace deal and strong gains in Japan and the Middle East support expansion.
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Prada is an Italy-based company that designs, manufactures, and distributes products such as handbags, leather goods, footwear, apparel, and accessories for men and women.
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