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Prada China is boosting its retail presence by opening seven stores in the city of Xi’an. The Italian luxury fashion group plans three Prada stores for the SKP Mall, plus two Miu Miu boutiques and two outlets for its Church’s brand. Xi’an is an expanding…
Global Prada sales fell 3.8 per cent last year – but rose 4.6 per cent in greater China. For all of Asia, the Italian luxury fashion brand’s sales were down 1.2 per cent, but in Japan, which it treats as a separate regional market, sales slumped 14.6 per…
Sales for luxury group Prada slipped 10.4 per cent for its fiscal year to January 31 to reach €3.1 billion (US$3.3 billion). The result is disappointing coming just 24 hours after LVMH reported a 15 per cent increase in sales across its multitude of brands in…
Luxury fashion group Prada says the Asia Pacific market continued to decline during the first nine months of the new financial year. And Hong Kong and Macau have taken the blame – again. During the last three quarters, sales in the region fell 4.9 per cent at…
Prada Japan has posted a strong sales lift in the first half thanks to a burgeoning number of inbound tourists. Sales in the Japanese market grew by 12 per cent year on year current exchange rates and by five per cent on constant exchange rates. Tellingly,…
