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Prada: leathergoods sales up 35% in first half

19/09/2011

Italian luxury goods maker Prada has posted a 74% rise in first-half net profit, driven by strong demand in Asia — in particular China — and has said it is confident of good full-year results.

The fashion house said net profit for the six months to the end of July rose to EUR179.5 million from EUR103 million a year earlier, while revenue rose 21% to EUR1.13 billion from EUR936.5 million.

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