Prada's strong sales, profits may boost its IPO potential

Article Abstract:

First-half operating profit for Italian apparel brand Prada S.p.A. rose 40% to reach $197.3 mil, driven by an 18% rise in sales. Net profit was not reported. It is expected that such growth will draw interest in the firm, and whether Prada decides to list is likely to influence other clothing brands.

Strategy & planning, Sales, profits & dividends, Italy, Planning, Company sales and earnings, Company earnings/profit, Company business planning, Financial report, Prada S.p.A.

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With good times rolling, labels have the luxury of planning for bad ones

Article Abstract:

Sales of luxury goods are booming , reflecting stronger U.S. and European economies. However, the fashion industry is preparing for the next downturn by building a local clientele, making the industry less dependent on tourism.

Europe, Forecasts, trends, outlooks, Sales & consumption, Marketing procedures, Forecasts and trends, Marketing, Market trend/market analysis, Company marketing practices, Luxuries, Industry sales and revenue, Industry forecasts

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