Home New Look 2015 Italian fashion firm Prada’s revenue jumps 16% YoY in Q1 FY24

Italian fashion firm Prada’s revenue jumps 16% YoY in Q1 FY24

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Prada reported a 16 per cent year-on-year increase in Q1 FY24 net revenues, reaching €1.187 billion.
Retail sales rose by 18 per cent to €1.07 billion, driven by strong full-price sales and like-for-like growth.
Miu Miu exhibited a standout performance with an 89 per cent surge in retail sales.
Regionally, Japan led with a 46 per cent increase.Prada reported a 16 per cent year-on-year increase in Q1 FY24 net revenues, reaching €1.187 billion.
Retail sales rose by 18 per cent to €1.07 billion, driven by strong full-price sales and like-for-like growth.
Miu Miu exhibited a standout performance with an 89 per cent surge in retail sales.
Regionally, Japan led with a 46 per cent increase.