Prada Nine-Month Net Leaps 50%

Italian luxury firm was driven by growth in its leather goods category and a robust performance of its retail network.

By Luisa Zargani

financial/news

MILAN — Prada SpA logged another strong nine months, posting a 50 percent gain in net profits to 408.6 million euros, or $523 million, in the period ended Oct. 31.

Prada Nine-Month Net Leaps 50%

Italian luxury firm was driven by growth in its leather goods category and a robust performance of its retail network.

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