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Prada Reports 1% Underlying Third-Quarter Revenue Growth

Prada’s underlying third-quarter revenue grew 1%, broadly meeting market expectations. The figure excludes Versace.

1913

Italian luxury group Prada (HKEX:1913) said Thursday that third-quarter revenue rose 1% on an underlying basis, broadly in line with market expectations. The result showed resilience as many peers reported falling sales during a record-hot summer. The underlying revenue growth excludes Versace, which P