Prada Group Reigns Triumphant As Miu Miu Sees 105% Sales Surge

While third-quarter reports from luxury's biggest players have been hit hard by the slowdown in luxury spending, Prada Group is kicking the trend as it reports 9-month net revenues up 18% year-over-year.Business of Fashion reports that Prada's triumphant resilience through the economic headwinds is driven by the impressive trajectory of Miu Miu, which has seen a 105% surge in third-quarter sales compared to the same period last year. Even though Prada sales have slipped slightly since the first ...