Prada: earnings ahead of expectations in 2022

The German fashion brand said today it expects sales to increase by about 5 % in 2023. That will mark a slowdown from the previous year.

This 5% sales growth outlook marks a slight drop in pace from 2022, despite an expected improvement in the Asia-Pacific region.

The German group faces a tougher comparison base this year due to a redesign of its brand in 2022, where sales had jumped 27% to €3.65 billion.

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Read also >Ferragamo : sales up but profit down in 2022

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