Pursuits
Prada Gets January Lift as Europe, Asia Show Revival Signs
- Last month showed ‘positive results,’ luxury-goods maker says
- Full-year sales declined 9% at constant exchange rates
Prada handbags sit on display at the company's boutique on Via Dei Condotti in Rome.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Prada SpA said growth resumed last month as the Italian luxury-goods maker puts more than a year of sliding sales behind it, helped by a revival in Europe and Asia.
January showed “positive results,” the company said in a statement Monday as it reported a 9 percent drop in annual sales at constant exchange rates.