MILAN – The Prada Group hit the 4 billion-euro-mark in the first nine months of the year, a performance that reflected 19 consecutive quarters of growth.
In the period ended Sept. 30, revenues rose 6 percent to 4.07 billion euros compared with 3.83 billion euros in first nine months last year. At constant exchange rates, sales were up 9 percent.
“The consistency of our results, in a complex macroeconomic environment, confirms the strength of our brands and the validity of our strategy,” said Patrizio Bertelli, Prada Group chairman and executive director, touting the consecutive and uninterrupted growth stretch. “We continue to focus on creativity, product excellence and craftsmanship as foundations for enduring relevance and long-term development. These principles guide us as we n