Wednesday, June 12, 2013

Prada says won’t give up on lagging secondary brands





Italy’s Prada sees growth potential in its smaller brands, which continued to lag the performance of its eponymous fashion label in the first quarter, the company said.


Net sales for its flagship Prada brand grew 18 per cent from the same quarter of last year to 638.8 million euros (HK$6.6 billion), mainly supported by retail income in Greater China and the Americas.


Such growth has been elusive for the other names owned by the group - Miu Miu and the far smaller Car Shoe and Church’s brands.









via Business feed http://www.scmp.com/business/companies/article/1258992/prada-says-wont-give-lagging-secondary-brands

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