Digital Journal
Italian luxury fashion house Prada reported a bumper set of results for 2024 on Tuesday, defying analysts’ expectations and the crisis in luxury markets. Net profit jumped 25 percent to 839 million euros ($884 million), in results closely watched amid speculation about Prada’s forthcoming acquisition of Italian label Versace…
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Prada shines despite luxury crisis, Versace rumours swirl
Italian luxury fashion house Prada reported a bumper set of results for 2024 on Tuesday, defying analysts’ expectations and the crisis in luxury markets. Net profit jumped 25 percent to 839 million euros ($884 million), in results closely watched amid speculation about Prada’s forthcoming acquisition of Italian label Versace…