Prada (1913.F) reported a 9 per cent increase in first-half net revenues at constant currencies, defying weakness across the luxury sector thanks to rapid growth at its smaller but fast-expanding Miu Miu brand, even as its flagship Prada label lagged behind.
Net revenue at the family-owned group, which is preparing to include Versace in its portfolio, totalled 2.74 billion euros ($3.16 billion), broadly in line with analysts’ expectations, with growth
