Prada and Miu Miu Don't Know the Luxury Slowdown

In the midst of a luxury slowdown, Prada and Miu Miu are on the up again.On Tuesday, Prada Group shared its financial report for the full year 2024, revealing another year of solid growth for Prada, which recorded a 4% increase in retail sales during the period, and a record year for Miu Miu, which saw retail growth climb an impressive 93% in the same time frame.Overall, Prada Group's revenues climbed 15% (or 17% at constant exchange rates) to reach €5.43 billion EUR, up from €4.72 billion E...