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Growth for Church’s but decline in tourism impacts Prada

07/08/2014

Luxury group Prada has said a decline in the number of tourists, “whose spending is more oriented towards this product category”, affected its leathergoods sales in the first half of the year. Group revenues rose 1% to €1.7 billion, while sales in its leathergoods division fell 1%. Revenues at British leather shoe brand Church’s increased 12%...

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