Business & Markets
Prada revenue rises 15% in first nine months
Prada said net revenue rose 15% in the first nine months of 2026 to 4.54 billion euros, with third-quarter revenue up 11%.
The Italian luxury group, owner of the Prada, Miu Miu and Versace brands, described the performance as solid despite a challenging industry backdrop.
Chief Executive Andrea Guerra said the third quarter came amid difficult conditions for the sector and cited brand desirability and strong retail execution as positives.
Prada said retail sales rose 11% in the first nine months from a year earlier. It said the Americas were its best-performing region in the third quarter, while the Middle East continued to weigh on results, especially for Miu Miu. Europe showed “unchanged dynamics”, the company said.
Versace, which Prada acquired last year, contributed 441 million euros in revenue during the nine-month period.
Source
AFP news report published on .