Prada First-Half Revenue Rebounds on Europe, Americas Sales
Prada Cleo handbag at a store in Milan.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
Prada SpA reported a rebound in first-half revenue backed by strong performances in Europe and the Americas, as luxury company results continue to show resilience despite lockdowns in China and soaring inflation.
The Italian fashion house said in a statement Thursday that it remains confident on medium-term targets despite macroeconomic uncertainty, citing the global health situation, the rate of recovery in Chinese consumer spending, and global geopolitical developments as risk factors.