Prada Logs 13% Boost in Q1 Revenue

MT Newswires Live
Yesterday

Prada (HKG:1913) recorded a net revenue of a little over 1.34 billion yuan in the first quarter, up 13% at constant exchange rates from a year prior, a Wednesday Hong Kong bourse filing said.

Retail net sales rose by 13% year over year to nearly 1.22 billion yuan at constant exchange rates, according to the Hong Kong-listed fashion company.

As of March 31, the firm operated 611 stores, following 4 openings and 2 closures in the three months.

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