Prada Group Reports Strong Gains in 2024 Revenues, Profitability
Prada Group Reports Strong Gains in 2024 Revenues, Profitability
Palm Angels paisley-print Slip Dress Green
From Calessa, this top features:embroidered velvet fabricationcrew neckline with tie3/4 sleevespullover constructionapprox. 29#double; lengthpolyester/spandexhand wash, line dryImported.
From Trina Turk, this dress features:Silk clip jacquard fabricationRound necklineSleevelessCascading ruffle from bust to hemFloral printShirring detailFittedHi-low flutter hemlineButton back keyhole closureApprox. 62#double; lengthSilk/viscoseDry cleanImported.
MILAN — The Prada Group ended 2024 with a strong set of results, reporting gains in revenues and profitability, growth across all its key markets and a record year for Miu Miu, which saw a 93 percent increase in retail sales. In the 12 months ended Dec. 31, group revenues rose 15 percent to 5.43 billion euros, compared with 4.72 billion euros in 2023. At constant exchange rates, they were up 17 percent. Net profit climbed 25 percent to 839 million euros compared with 671 million euros in 2023. The group reported a healthy balance sheet with a net cash position of 600 million euros, soaring up from 197 million euros in 2023. You May Also Like Related Articles Technology Aptos Introduces Upgrade With Enhanced Customer Interaction Features Celebrity News Demi Moore Favors a Keyhole Cutout in Gucci, Teyana Taylor Embraces Exposed Hips in LaQuan Smith and More Cutout Dresses at the 2025 Vanity Fair Oscar Party “We are pleased to see that our strategy continued to deliver above-market performance, notwithstanding the challenging environment,” said Patrizio Bertelli, Prada Group chairman and executive director. “This success underscores the enduring relevance of our brands, which comes from an unwavering focus on product innovation, quality, craftmanship and a unique ability to read contemporaneity. Drawing on multiyear investment initiatives across industrial capacity and know-how, our manufacturing platform and our people continue to be a differentiator in an ever-evolving sector that demands quality, agility and efficiency.” Bertelli also underscored the group’s “strong link with culture and creative dynamism” that allows it to expand its boundaries, citing Luna Rossa’s participation in the 37th Americas Cup and the partnership on technology and design with Axiom Space to design the new NASA lunar spacesuits for the Artemis mission. “Our group and its organization have strengthened over the past years and notwithstanding the uncertainties around us, we have entered 2025 with confidence continuing to work and invest for long-term sustainable growth,” Bertelli concluded. Last year, operating profit was up 21 percent to 1.28 billion euros, with margin further expanding at 23.6 percent. Gross margin increased 14 percent to 4.33 billion euros compared with 3.8 billion euros. Group retail sales amounted to 4.85 billion euros, up 16 percent compared with 4.2 billion euros in 2023, driven by like-for-like, full-price volumes. The fourth quarter also showed growth, as revenues at constant exchange rates rose 18 percent. Retail sales of the Prada brand were up 4 percent at constant exchange rates in 2024, sustained by all categories and by a consistent like-for-like growth trajectory supported by a well-balanced category mix. Miu Miu continued its stellar growth, up 93 percent, lifted by all categories and regions. Miu Miu’s Chinese New Year campaign. Courtesy of Miu Miu “We ended 2024 with very positive results across our brands, marking four consecutive years of double-digit, like-for-like growth, coupled with margin expansion and cash generation, resulting in a very sound balance sheet,” said Andrea Guerra, group chief executive officer. “We continued to make progress in terms of brand desirability, retail productivity and strength of our organization, with disciplined and rigorous execution across the board. Over the year, Prada confirmed its solid growth trajectory and Miu Miu reached a whole new level of visibility and scale, driven by a well-diversified total look offering. Looking forward, while being mindful that the complex industry dynamics are likely to persist, our priorities remain unchanged.” He remarked on the “clear opportunity to continue to drive market share” at Prada, while eyeing consolidation for Miu Miu. To that end, the group “will continue to sharpen the positioning of our brands, to enrich product portfolios and to foster customer engagement. Our investments across retail, industrial capabilities and technology will continue to support our growth and the organization in its evolutionary journey. For the year ahead, we retain our ambition to deliver solid, sustainable, and above-market growth,” Guerra said. The group saw double-digit growth in Asia-Pacific, Europe, Japan and the Middle East. Business in the Americas improved sequentially, showing double-digit growth in the second half of 2024. Retail sales in Asia-Pacific rose 11 percent to 1.6 billion euros, despite the challenging market conditions in the region. Business improved in the fourth quarter across all main areas. Sales in Europe rose 17 percent to 1.53 billion euros, supported by both domestic and tourist spending. The Americas progressed positively throughout the year, up 8 percent to 830 million euros, entering double-digit territory in the second half. Japan was the best-performing region in 2024, growing 36 percent to 656 million euros, boosted by domestic and tourist spending. At constant exchange rate, sales rose 46 percent. The Middle East also achieved a solid performance throughout the year, up 26 percent to 227 million euros. Capital expenditure totaled 493 million euros. In 2023, capex amounted to 753 million euros.
Artículo actual:http://djrsv.9bvjk.com/lboka.html
BouwstenenSlubanSlubanArmyFigh OspreyArcaneRollTopstargazerbl AutobatterienBosch12V60Ah(0092 PHSmemory16GBRAMgeheugengeschi AbusFietsslotenAbusPrimokabels LogitechToetsenbordenLogitechG
-
{随机上下页}
Down Coats_Eintracht Frankfurt ohne Trapp im Achtelfinale gegen Ajax Amsterdam
Manchester rectangle-frame Sunglasses Green_Bei diesem Unfall blieb der HarleyFahrer heil
Logo Patch Quilted Jacket Black_Selfridges Unveils Obsessions Campaign for Spring With Chess, Hot Sauce and Martinis
Drawstring Cotton Hoodie Black_Vars Hamer wide-leg Jeans Black
zip-fastening Padded Jacket Black_Vars Hamer wide-leg Jeans Black
- Lok LeipzigSportchef lässt aufhorchen_Vars Hamer wide-leg Jeans Black
- „Er brach meine heile Kinderseele kaputt“_Vars Hamer wide-leg Jeans Black
- logo-print Cotton Hoodie White_TVProgramm am Mittwoch, 12.3.2025: Die PrimeTimeSendungen heute
- short-sleeved Plain Shirt Blue_Vars Hamer wide-leg Jeans Black
- NXTLVL Glasses Green_Vars Hamer wide-leg Jeans Black
- Ist das der traurigste Elefant der Welt?_Vars Hamer wide-leg Jeans Black
- Corridor SQ Duality Collection Sunglasses Black_Die große MuskShow vor dem Weißen Haus
- Rosenkrieg bei ExMissGermany Anahita Rehbein (30)_Vars Hamer wide-leg Jeans Black
-
SO heftig hetzen Fans gegen Ter Stegens Frau_Vars Hamer wide-leg Jeans Black
New SeasonPhilipp Pleinjacquard-logo lightweight jacketHighlightsblackfront zip fasteningtwo side zip-fastening pocketselasticated cuffsdrawstring hoodCompositionLining: PolyesterOuter: PolyamideThe composition information is subject to the actual product. The product composition details of the spliced material will be split and displayed.Washing instructionsRead Manufacturer GuidelinesThe washing method is subject to the commercial washing standardProduct IDsFARFETCH ID: 23938005Brand style ID: AADCMRB2655PNY002N...[detailed]
-
HSTN round-frame Sunglasses Green_Vars Hamer wide-leg Jeans Black
...[detailed]
-
Les Deux WELLS BEANIE Beanie black_Vars Hamer wide-leg Jeans Black
...[detailed]
-
Familienurlaub am Bodensee: Die besten Orte und Unterkünfte_Vars Hamer wide-leg Jeans Black
...[detailed]
-
...[detailed]
-
Vater haut Meghans Kochshow in die Pfanne_Vars Hamer wide-leg Jeans Black
...[detailed]
-
...[detailed]
-
So leidet das deutsche TattooModel in Trumps Abschiebeknast_Vars Hamer wide-leg Jeans Black
...[detailed]
-
...[detailed]
-
...[detailed]
- Großeinsatz bei Continental in Hannover_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_„Wir werden es bekommen“
- Solid SDXENOX Jumper med grey m_Sondergipfel in Kairo Arabische Staaten billigen Ägyptens GazaPlan
- Pier One Trainers dark blue_Vars Hamer wide-leg Jeans Black
- MilitärExperten: Putin könnte schon bald die Nato testen_Vars Hamer wide-leg Jeans Black
- adidas Originals GAZELLE UNISEX Trainers blue footwear white gold metallic_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_Vars Hamer wide-leg Jeans Black
- Jacques Soloviere EDOUARB UNISEX Lace ups dark brown_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_Vars Hamer wide-leg Jeans Black
Pier One 5 PACK Basic T shirt white ark green blue_47 Personen im Flieger in den Irak abgeschoben
ZweifachMama (40) holt achten Pokalsieg_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_Hannover: MechatronikerAusbildung statt Bürgergeld bietet Perspektive
- Jacques Soloviere EDOUARB UNISEX Lace ups dark brown_Reisewarnungen aktuell: Für diese Länder gibt es Hinweise vom Auswärtigen Amt – 2.3.2025
- Solid SDXENOX Jumper med grey m_Vars Hamer wide-leg Jeans Black
- Solid SDXENOX Jumper med grey m_Pétrole : Trump oblige Chevron à quitter le Venezuela – Libération
- Solid SDXENOX Jumper med grey m_Vars Hamer wide-leg Jeans Black
- Die Grünen nach der Bundestagswahl: Das Projekt Volkspartei isch over_Vars Hamer wide-leg Jeans Black
- Diadora TOKYO UNISEX Trainers black_Vars Hamer wide-leg Jeans Black