Staff changes on cards at Prada after profit fall
16/12/2015
Luxury goods brand Prada has reported a decline 26% in profits for the third quarter to €235m but sales rose 1.2% to €2.6 billion. The revenue rise was due to directly operated store sales; wholesale revenues decreased 16% as a result of the group’s decision to reduce its presence in that channel. The European market has grown in the...
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