Italian luxury company Prada on Wednesday said sales rose nine percent to 3.856 billion euros ($5.236 billion) in its latest financial year thanks to sales in the Asia-Pacific region and North America.
Chief executive Patrizio Bertelli said the result for the 2013-2014 year, which ended in January, was the group's fourth consecutive year of "strong growth".
Sales in Asia and North America rose 11 percent, while the European market rose five percent -- seen as a healthy result considering the economic difficulties.
Sales in the Middle East region were also up, reaching 90 million euros over the whole year.
But Japan saw only a one percent rise due to the devaluation of the yen, Prada said.
Italian luxury company Prada on Wednesday said sales rose nine percent to 3.856 billion euros ($5.236 billion) in its latest financial year thanks to sales in the Asia-Pacific region and North America.
Chief executive Patrizio Bertelli said the result for the 2013-2014 year, which ended in January, was the group’s fourth consecutive year of “strong growth”.
Sales in Asia and North America rose 11 percent, while the European market rose five percent — seen as a healthy result considering the economic difficulties.
Sales in the Middle East region were also up, reaching 90 million euros over the whole year.
But Japan saw only a one percent rise due to the devaluation of the yen, Prada said.
