Prada Group Reports Outstanding Performance in 2023, With Miu Miu Sales Up 82% in Q4

Prada Group on Thursday shared its full-year financial report for 2023, revealing positive growth across divisions and regions.In the 12 months ending December 31, the company saw revenues climb by 13% to reach €4.72 billion EUR, while its net profits increased by 44.3%, tallying to €671 million EUR. The group's retail sales amounted to €4.2 billion EUR, up 12% from the year prior; and in the fourth quarter, retail sales increased by 17%, surpassing analysts' expectations of 14% growth.At ...