Asia Becomes The Main Market Of Italy Luxury Brand PRADA
Italy, MiuMiu, CarShoe and Church brands
Luxury goods
Prada announced that sales in the first half of the company increased by 29% from demand in Asia.
Headquartered in Milan
Prada
In the first 6 months of July 31st, the company's sales increased to 930 million euros, the company did not publish profit figures, the company said in a statement.
Prada said Asia is still the most dynamic market, and sales in the region have surged by 70%.
In the US and Europe, profits increased by 41% and 37% respectively.
Luxury companies such as Hermes group and cypress group announced that after the economic crisis
Consumer
Sales began to increase again.
Prada revealed in June that the company is evaluating IPO in the most appropriate time according to market trends.
The company said Prada and Miao Miu's brand were particularly successful.
Prada sells leather goods, clothing and accessories in more than 70 countries.
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