Prada SpA, the century-old Italian fashion house, has reported some early signs of a return in consumption during the second half of 2016, a recovery that cushioned the decline in its preliminary sales data for the last fiscal year Replica Prada Handbags Online.
Prada UK Sales of the Milan-based company fell 9 per cent to 3.18 billion euros (HK$26.26 billion) in constant exchange rate during the financial year ended January 31, Prada said in a statement to the Hong Kong Stock Exchange, where its shares are listed. Measured in current exchange rates, revenue fell 10 per cent, the company said, citing preliminary data Prada Saffiano Vernice Promenade Crossbody Bags.
Like Burberry, LVMH and other European retailers of luxury wear and designer bags, Prada is reporting that Chinese shoppers are returning to their physical and online stores, helping them claw their way out of a two-year slump in demand. An aggressive push to reorientate merchandise to online stores, from high-cost outlets in malls and department stores, also paid off Prada Saffiano Mini Bags prada it bag.
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Prada has “identified important strategies to secure the group’s future growth,” the company’s chief executive Patrizio Bertelli said in a filing. “This included revising our digital strategy with the creation of a highly skilled team with professional experience from the digital technology and new media industries. Prada Saffiano Cuir Double Bags”
Replica Prada Asia-Pacific sales[……]