The Scenario May Be Different, but Prada Group Continues to Grow [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
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Source: Yahoo! Finance
Despite a 7 percent retail gain of the Prada brand and an 89 percent jump at Miu Miu, the executive said “a long journey is still ahead of us.” More from WWD Prada Group Reports Continued Growth in Q1 Luxury Handbag Designer Nancy Gonzalez Sentenced to 18 Months in Prison Kate Mara Plays With Shades of Blue in Striped Prada Top and Miniskirt for 'Black Mirror: Beyond the Sea' Event During a call with analysts on Wednesday, Guerra said “sharpness of positioning, creativity and communication will be critical this year, when we will observe a different kind of market and trends. As anticipated, the rest of the year may see a nonlinear quarterly growth trajectory, but our ambition remains to deliver solid, sustainable and above-market growth.” The Italian luxury company on Wednesday reported a sales increase of 11 percent to 1.18 billion euros in the three months ended March 31. This compares with 1.06 billion euros in the same period last year. At constant exchange rates, re
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